宝城期货甲醇早报-20251105

Group 1: Report Investment Rating - There is no specific investment rating provided in the report. Group 2: Core View - The methanol 2601 contract is expected to run weakly, with short - term fluctuations, medium - term weak fluctuations, and weak fluctuations throughout the day [1][5]. Group 3: Summary by Core Logic - After the meeting between Chinese and US leaders, the overall results were slightly lower than market expectations. As the macro - positive sentiment faded, the driving force of macro factors weakened, and there was profit - taking in the market [5]. - The domestic methanol operating rate and weekly output remain at relatively high levels, external import pressure continues to increase, and the methanol inventory at ports in East and South China remains high [5]. - Although downstream demand is gradually improving, the olefin futures profit is not good, and the current situation of weak demand still needs to be improved [5]. - On Tuesday night, the domestic methanol futures 2601 contract showed a weakly fluctuating trend, with the futures price slightly down 0.33% to 2,114 yuan/ton. It is expected that on Wednesday, the contract will maintain a weakly fluctuating trend [5].