1. Report Industry Investment Rating - No relevant content provided 2. Core Viewpoint of the Report - The methanol 2601 contract is expected to show a weakening trend in the short - term and a fluctuating trend in the medium - term. It is likely to maintain a weakening trend on Friday, November 8, 2025 [1][5] 3. Summary by Related Content 3.1 Short - term, Medium - term, and Intraday Views - The short - term view of methanol 2601 is weak, the medium - term view is fluctuating, and the intraday view is weak, with an overall reference view of weakening operation. The core logic is that weak supply - demand conditions dominate, leading to a weakening and fluctuating trend [1] 3.2 Price and Driving Logic - After the positive progress in Sino - US economic and trade tariffs, the macro - driving force has weakened, and there has been profit - taking in the market. Currently, domestic methanol production and imports are high, port inventories are high, downstream demand is gradually improving but olefin profit is poor, and weak demand persists. On Thursday night, the domestic methanol futures 2601 contract closed slightly up 0.28% at 2122 yuan/ton but lacked the momentum to continue rising [5]

Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The methanol 2601 contract is expected to run weakly, with short - term and medium - term trends being oscillatory and oscillatory - weak respectively, and the intraday trend also being oscillatory - weak. The weak supply - demand situation dominates the market [1][5]. 3. Summary by Related Content Price and Trend - On Wednesday night, the domestic methanol futures 2601 contract maintained an oscillatory - weak trend, with the futures price slightly down 0.57% to 2108 yuan/ton. It is expected that on Thursday, the contract will maintain an oscillatory - weak trend [5]. Core Logic - After the meeting between Chinese and US leaders, the overall results in economic and trade tariffs were slightly lower than market expectations. As the macro - positive sentiment was digested, the driving force of macro factors weakened, and there was a profit - taking phenomenon in the market [5]. - Currently, the domestic methanol operating rate and weekly output remain at relatively high levels, the external import pressure continues to increase, and the methanol inventories at ports in East and South China are high [5]. - Although downstream demand is gradually improving, the olefin futures profit is not good, and the situation of weak demand still needs to be improved [5].

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].

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Report's Core View - The methanol 2601 contract is expected to run weakly, with short - term and medium - term trends being oscillatory and oscillatory - weak respectively, and the intraday trend also being oscillatory - weak [1][5]. - After the Sino - US leaders' meeting, the macro - positive sentiment has been digested, and the driving force of macro factors has weakened. The domestic methanol market has high production and import pressure, high port inventories, and poor olefin profits, resulting in a weak demand situation that needs improvement. The methanol 2601 contract is likely to maintain an oscillatory - weak trend on Tuesday [5]. 3. Summary by Related Contents Price and Trend - On Monday night, the domestic methanol futures 2601 contract showed a weak downward trend, with the futures price dropping 2.09% to 2,110 yuan/ton [5]. Market Conditions - 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 [5]. - Although the downstream demand is gradually improving, the olefin profit on the futures market is not good, and the weak demand situation still needs to be improved [5]. Macro Factors - After the Sino - US leaders' meeting in Busan, South Korea, the two sides made positive progress in economic and trade tariffs, but the overall results were slightly lower than market expectations. As the macro - positive sentiment was digested, the driving force of macro factors weakened, and there was a profit - taking phenomenon in the market [5].

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The methanol 2601 contract is expected to run weakly, showing an oscillating and weakly downward trend in the short - term, medium - term, and intraday periods. The weak supply - demand situation is the main factor leading to this trend [1][5] 3. Summary by Related Content 3.1 Time - based Viewpoints - **Short - term**: The methanol 2601 contract is expected to be oscillating [1] - **Medium - term**: The methanol 2601 contract is expected to be oscillating and weakly downward [1] - **Intraday**: The methanol 2601 contract is expected to be oscillating and weakly downward [1][5] 3.2 Core Logic - After the meeting between Chinese and US leaders, the overall results in economic and trade tariffs were slightly lower than market expectations. As the macro - positive sentiment faded, the driving force of macro factors weakened, leading to profit - taking in the market [5] - The domestic methanol operating rate and weekly production 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 [5] - Although downstream demand is gradually improving, the olefin futures profit is not good, and the weak demand situation still needs to be improved [5] 3.3 Market Performance - Last Friday night, the domestic methanol futures 2601 contract showed a weak downward trend, with the futures price dropping significantly by 2.09% to 2156 yuan/ton [5]