宝城期货甲醇早报-20251112

1. Report Industry Investment Rating - No relevant information provided 2. Core View of the Report - The methanol 2601 contract is expected to operate weakly. In the short - term, it is weak; in the medium - term, it is oscillating; and on the day, it is also weak [1][5] 3. Summary by Related Content 3.1 Time Cycle and View Definitions - Short - term refers to within one week, medium - term refers to two weeks to one month. For varieties with night trading, the starting price is the night - trading closing price; for those without, it is the previous day's closing price. The ending price is the day - trading closing price for calculating the price change. A decline greater than 1% is considered weak, a decline of 0 - 1% is weakish, a rise of 0 - 1% is strongish, and a rise greater than 1% is strong. The strongish/weakish description is only for the intraday view [1][2][3] 3.2 Price and Market Analysis of Methanol - The recent agreement in the US Senate to end the federal government "shutdown" has improved market sentiment and investors' risk appetite. Currently, the domestic methanol operating rate and weekly output remain at relatively high levels, and the external import pressure continues to increase. The methanol inventories at ports in East and South China are high. On Tuesday night, the domestic methanol futures 2601 contract oscillated, with the futures price slightly rising 0.00% to 2094 yuan/ton. It is expected that the contract will maintain a weak trend on Wednesday [5]