宝城期货甲醇早报-2026-03-13-20260313

1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints of the Report - The intraday view on methanol is strong, and the medium - term view is oscillating and strong. It is expected to run strongly [5]. - Although the US President Trump signaled a possible end to the war with Iran soon, the mutual attacks between the US - Israel and Iran may not end. The geopolitical risks in the Middle East remain, keeping international energy commodity futures prices strong, which boosts domestic energy - chemical commodity futures prices [5]. - In the short term, due to the continued geopolitical risks, the premium of methanol has increased again. However, the continued rise of methanol lacks fundamental support as domestic methanol production capacity is high, downstream demand is weak, external dependence is low, and port inventories are at a historically high level [5]. 3. Summary by Relevant Catalogs Price Quotes and Fluctuation Calculation Rules - For varieties with night trading, the starting price is the night - trading closing price; for those without night trading, it is the previous day's closing price. The ending price is the day - trading closing price to calculate the price change [2]. - A decline of more than 1% is considered weak, a decline of 0 - 1% is considered slightly weak, a rise of 0 - 1% is considered slightly strong, and a rise of more than 1% is considered strong. The slightly strong/slightly weak concept only applies to the intraday view, not for short - and medium - term views [3][4]. Methanol Market Analysis - The intraday view on methanol is strong, and the medium - term view is oscillating and strong. It is expected to run strongly on Friday [5]. - Geopolitical risks in the Middle East support international energy prices, boosting domestic energy - chemical futures prices, and increasing the premium of methanol in the short term [5]. - The continued rise of methanol lacks fundamental support as domestic production is high, demand is weak, external dependence is low, and port inventories are high [5].