帕尔斯气田受袭，甲醇价格快速上涨

1. Report Industry Investment Rating No information provided. 2. Core View of the Report - The attack on Pars Gas Field led to a rapid increase in methanol prices. There are concerns about the supply disruption of Iranian methanol due to the ongoing conflict in Iran, and the decline in port inventory is slower than expected. The inventory of inland factories continues to decline from a high level, and the start - up of coal - based methanol has only slightly decreased. The start - up of traditional downstream industries has seasonally recovered [2][3][4]. 3. Summary According to the Catalog 3.1 Methanol Basis & Inter - period Structure - Figures 1 - 11 show the basis between methanol in different regions (such as Taicang, Lunan, Inner Mongolia North Line, etc.) and the main futures contract, as well as the price differences between different methanol futures contracts (e.g., 01 - 05, 05 - 09, 09 - 01) [8][10][12][14][18][20][21] 3.2 Methanol Production Profit, MTO Profit, and Import Profit - Figures 12 - 17 display the production profit of Inner Mongolia coal - based methanol, the MTO profit in East China (PP&EG type), and the import price differences (such as Taicang methanol - CFR China, CFR Southeast Asia - CFR China, FOB US Gulf - CFR China, FOB Rotterdam - CFR China) [24][25][29] 3.3 Methanol Start - up and Inventory - Figures 18 - 21 present the total port inventory of methanol, the start - up rate of MTO/P (including integrated ones), the sample inventory of inland factories, and the start - up rate of Chinese methanol (including integrated ones) [32][39] 3.4 Regional Price Differences - Figures 22 - 27 show the price differences between different regions, such as Lubei - Northwest - 280, East China - Inner Mongolia - 550, Taicang - Lunan - 250, etc. [36][43][46] 3.5 Traditional Downstream Profits - Figures 28 - 31 show the production gross profits of traditional downstream products, including Shandong formaldehyde, Jiangsu acetic acid, Shandong MTBE isomerization etherification, and Henan dimethyl ether [44][53]