宝城期货甲醇早报-20260113

Group 1: Report Industry Investment Rating - No information provided Group 2: Report Core Views - For methanol (MA) 2605, it is expected to run with a bullish bias in the short - term, mid - term, and intraday. The overall view is a bullish run due to improved supply - demand structure [1][5] - The biggest support for methanol price before the holiday comes from the "hard contraction" of overseas supply. Iran, a major import source, faces serious supply disruptions. Domestic port methanol inventory reduction drives up port spot prices, strengthens the basis, and boosts long - position confidence in the futures market [5] - Although methanol futures were dragged down by the decline of domestic coal futures on Monday and showed a slightly bearish and volatile trend, the retracement space is limited. It is expected to maintain a bullish and volatile pattern on Tuesday [5] Group 3: Summary by Related Catalogs Methanol 2605 Market Outlook - Short - term (within one week): Oscillating [1] - Mid - term (two weeks to one month): Oscillating [1] - Intraday: Bullish [1] - Overall view: Bullish run [1] - Core logic: Improved supply - demand structure leads to a bullish and volatile trend [1] Methanol (MA) Price Driving Logic - Intraday view: Bullish [5] - Mid - term view: Oscillating [5] - Reference view: Bullish run [5] - Core logic: Overseas supply contraction, domestic port inventory reduction, and the impact of coal futures price fluctuations [5]