Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Report's Core View - The methanol 2601 contract is expected to run strongly, showing an oscillating trend in the short and medium - term and an oscillating and slightly stronger trend intraday [1][5]. - The supply pressure of methanol at home and abroad is still high, and downstream demand is in the off - season. The weak supply - demand structure causes the price center to face a downward shift. However, due to the small increase in domestic coal futures prices on Thursday night, the methanol futures 2601 contract showed an oscillating and slightly stronger trend, with the futures price rising slightly by 1.18% to 2408 yuan/ton. It is expected to maintain this trend on Friday [5]. 3. Summary by Related Catalogs Variety Morning Meeting Minutes - For the methanol 2601 contract, the short - term view is oscillating, the medium - term view is oscillating, and the intraday view is oscillating and slightly stronger. The reference view is to run strongly, and the core logic is that the coal futures price rebounds, leading to the oscillating and slightly stronger trend of methanol [1]. Main Variety Price Market Driving Logic - Commodity Futures Energy and Chemicals Sector - The intraday view of methanol is oscillating and slightly stronger, and the medium - term view is oscillating. The reference view is to run strongly. The current supply - demand structure of methanol is weak, but the small increase in domestic coal futures prices on Thursday night led to the oscillating and slightly stronger trend of the methanol futures 2601 contract, and it is expected to maintain this trend on Friday [5].

Report Summary 1) Report Industry Investment Rating No relevant content found. 2) Core Viewpoint of the Report - The methanol 2601 contract is expected to run in a relatively strong manner, showing a short - term, medium - term and intraday trend of stability with short - term and medium - term oscillations and intraday oscillations tending to be strong [1][5]. 3) Summary according to Relevant Catalogue Variety Morning Meeting Summary - For the methanol 2601 contract, the short - term view is oscillation, the medium - term view is oscillation, the intraday view is oscillation tending to be strong, and the reference view is a relatively strong operation. The core logic is that there are differences between long and short positions, and methanol has stabilized in an oscillatory manner [1]. Main Variety Price Market Driving Logic - Commodity Futures Energy and Chemical Sector - As the previous macro - driving force weakens, methanol has returned to a market dominated by a weak supply - demand structure. Currently, the supply pressure of methanol at home and abroad remains high, and downstream demand is in the off - season. The weak supply - demand structure causes the price center to face a downward shift. However, due to the rebound of domestic coal futures prices in the overnight session on Monday, which offsets the weak supply - demand fundamentals of methanol, the methanol futures 2601 contract showed an oscillatory consolidation trend, with the futures price slightly down 0.04% to 2478 yuan/ton. It is expected that the domestic methanol futures 2601 contract may maintain an oscillatory and stable trend on Tuesday [5].