Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The report believes that the methanol futures are expected to maintain a volatile and slightly stronger trend. The short - term, medium - term, and intraday views are all "volatile and slightly stronger" [1][5] 3. Summary According to Related Catalogs 3.1 Methanol Futures Price Trend - The short - term, medium - term, and intraday trends of methanol 2605 are all considered to be volatile and slightly stronger [1] 3.2 Core Logic - The US is taking actions such as deploying troops to the Middle East and releasing signals of peace talks with Iran, which aims to ease the financial market tension and boost risk appetite. Recently, there have been continuous military conflicts between the US, Israel and Iran, leading to a significant rebound in international crude oil futures. Although the domestic methanol futures showed a slightly weaker and volatile trend in the night session on Monday with a slight decline, the retracement space is limited [5]

Group 1: Report Industry Investment Rating - Not provided Group 2: Core View of the Report - The methanol 2605 contract is expected to run strongly in the short - term, medium - term, and intraday, with a core logic of the escalation of geopolitical risks [1]. - The methanol futures are expected to maintain a volatile and upward - biased trend this week due to the geopolitical risks in the Middle East and the volatile pattern of international crude oil futures [5]. Group 3: Summary by Relevant Catalogs 1. Time - cycle - based Views - **Short - term**: The methanol 2605 contract shows a volatile and upward - biased trend, with a time frame of within one week [1]. - **Medium - term**: The methanol 2605 contract shows a volatile and upward - biased trend, with a time frame of two weeks to one month [1]. - **Intraday**: The methanol 2605 contract is in a strong state, and the concept of "upward - biased" or "downward - biased" only applies to intraday views [1][3][4]. 2. Price - movement Logic - The escalation of the US - Iran conflict has increased geopolitical risks in the Middle East, causing international crude oil futures to maintain a relatively strong pattern. Trump's signal of peace talks was refuted by Iran, and the international crude oil futures have undergone significant adjustments. The domestic methanol futures showed a volatile decline in the overnight session on Monday, and are expected to maintain a volatile and upward - biased trend this week [5].

Group 1: Investment Rating - No information provided Group 2: Core View - The methanol futures are expected to maintain a strong running trend. The short - term and medium - term trends are both oscillating and on the strong side, and the intraday view is also strong [1][5] Group 3: Summary by Relevant Content Price and Trend - For methanol 2605, the short - term and medium - term trends are oscillating and on the strong side, and the intraday trend is strong, with a reference view of strong running [1] Driving Logic - The geopolitical risk has escalated. The US has increased its military efforts against Iran, and the conflict between the US and Iran has further intensified. The geopolitical risk in the Middle East remains, and the international crude oil futures prices remain in a relatively strong pattern. Recent attacks and counter - attacks in the Middle East have heated up the geopolitical sentiment, leading to the strong running of methanol futures [5]

Group 1: Report Industry Investment Rating - Not provided Group 2: Core Viewpoints of the Report - The methanol 2605 contract is expected to run strongly in the short - term (within a week), medium - term (two weeks to a month), and intraday, with a core logic of the escalation of geopolitical risks [1][5] Group 3: Summary by Related Catalogs 1. Time - cycle and Viewpoint Summary - Short - term (within a week) view of methanol 2605: Oscillating and on the stronger side [1] - Medium - term (two weeks to a month) view of methanol 2605: Oscillating and on the stronger side [1] - Intraday view of methanol 2605: Strong [1] - Reference view: Strong operation [1][5] 2. Price Movement Measurement Standard - For varieties with night trading, the starting price is the night - trading closing price; for those without, it's 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 on the weaker side, an increase of 0 - 1% is considered on the stronger side, and an increase of more than 1% is considered strong [3] - The terms "on the stronger side" and "on the weaker side" are only for intraday views, with no distinction for short - term and medium - term views [4] 3. Price Driving Logic - The recent redeployment of US troops in South Korea and Japan to the Middle East and the intensification of the US - Iran conflict have led to an increase in geopolitical risks in the Middle East. The international crude oil futures price remains in a relatively strong pattern. The recent drone attacks by the US and Israel on Iranian oil and gas facilities, Iran's counter - attacks on Middle East oil and gas fields related to the US, and the threat to attack other Middle East oil - producing facilities have boosted the prices of crude oil and natural gas futures, driving up the domestic methanol futures price on Wednesday night. It is expected that the methanol futures will maintain a strong operation pattern on Thursday [5]

Group 1: Report Investment Rating - There is no information about the industry investment rating in the report Group 2: Core Viewpoints - The methanol 2605 contract is expected to run strongly in the short - term, with an oscillating and slightly stronger trend, an oscillating trend in the medium - term, and a strong performance intraday. The overall view is that it will operate strongly. The core logic is that geopolitical risks are disturbing, and the methanol market is running strongly. [1] - With the military attack by the US and Israel on Iran, the geopolitical risk in the Middle East has rapidly increased. Iran has announced the blockade of the Strait of Hormuz, which may lead to a significant increase in the premium of methanol. If the shipping lane is closed or methanol plants are damaged, the overseas methanol supply will face a shortage risk. Geopolitical factors have overshadowed the weak supply - demand fundamentals of methanol in the short - term. It is expected that the domestic methanol futures will maintain a strong posture on Tuesday. [5] Group 3: Summary by Relevant Content Time - cycle Viewpoints - Short - term (within one week): The methanol 2605 contract shows an oscillating and slightly stronger trend [1]. - Medium - term (two weeks to one month): The methanol 2605 contract shows an oscillating trend [1]. - Intraday: The methanol 2605 contract shows a strong performance [1]. Core Logic - Geopolitical risks, specifically the military attack by the US and Israel on Iran and Iran's blockade of the Strait of Hormuz, have increased the geopolitical risk in the Middle East. This has the potential to disrupt the transportation of methanol and cause a shortage in overseas supply, leading to a strong performance in the methanol market. [5]

Report Summary 1) Report Industry Investment Rating - Not provided in the given content 2) Report Core View - The methanol 2605 contract is expected to run strongly in the short - term and intraday, with a mid - term view of oscillation. Due to the geopolitical risks, the methanol futures in China are likely to maintain a strong position on Monday [1][5] 3) Summary by Related Catalogs a) Time - based Views - **Short - term**: The methanol 2605 contract is expected to oscillate with a slightly upward trend [1] - **Mid - term**: It is expected to oscillate [1][5] - **Intraday**: It is expected to be strong [1][5] b) Core Logic - Geopolitical risks have led to a rapid increase in the risk in the Middle East. With the US - Israel military attacks on Iran and Iran's announcement to block the Strait of Hormuz, the supply of energy materials like crude oil and methanol is at risk. Iran has a high methanol production capacity of 15 - 16 million tons per year. If the shipping lane is closed or methanol plants are damaged, overseas methanol supply will face shortages. In the short - term, geopolitical factors outweigh the weak supply - demand fundamentals of methanol, and the positive factors are expected to boost the strong performance of domestic methanol futures on Monday [5]

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The report predicts that the methanol 2605 contract will show a weak - running trend, with short - term and medium - term trends being oscillatory and the intraday trend being weak. The core logic is that although overseas supply "hard contraction" provides support, the approaching Spring Festival makes the market cautious, reducing risk preference and leading to a weak - oscillatory trend in methanol futures [1][5]. 3. Summary by Related Catalog 3.1 Time - cycle Viewpoints - **Short - term**: The short - term view of methanol 2605 is oscillatory [1]. - **Medium - term**: The medium - term view of methanol 2605 is oscillatory [1]. - **Intraday**: The intraday view of methanol 2605 is weak, and it is expected to run weakly [1][5]. 3.2 Driving Logic - **Positive Factor**: Overseas supply "hard contraction" is the key factor supporting the upward movement of methanol prices. Iran, a major import source, is in the stage of winter natural gas supply guarantee and production restriction. Most methanol plants have reduced production or shut down, and the output is at a low level within the year. China's imports may decline significantly in January and February, resulting in tight external supply [5]. - **Negative Factor**: As the Spring Festival approaches, market trading becomes more cautious, risk preference decreases, causing the domestic methanol futures to show a weak - oscillatory trend on Thursday night, and it is expected to maintain this pattern on Friday [5].

Report Summary 1. Investment Rating - No investment rating for the industry is provided in the report. 2. Core View - The methanol 2605 contract is expected to run strongly, with short - term and medium - term trends being volatile and the intraday trend being bullish. The overall view is that the methanol futures will maintain a volatile and bullish pattern on Tuesday, February 10, 2026 [1][5]. 3. Summary by Related Content 3.1 Price Trend and View - **Short - term**: The methanol 2605 contract is expected to be volatile (within one week) [1]. - **Medium - term**: The methanol 2605 contract is expected to be volatile (from two weeks to one month) [1]. - **Intraday**: The methanol 2605 contract is expected to be bullish, and the overall reference view is a bullish run [1][5]. 3.2 Core Logic - **Supply - side factor**: Overseas supply has a "hard contraction". Iran, the main source of imports, is in the stage of natural gas supply guarantee and production limitation in winter. Most methanol plants have reduced production or shut down, and the output is at a low level for the year. China's methanol imports may decline significantly in January and February, leading to tight external supply [5]. - **Geopolitical factor**: Due to the large differences between the US and Iran, the "pizza index" of the US Pentagon has risen again, increasing geopolitical risks. Although the domestic methanol futures showed a volatile and bearish trend on the night session of Monday, the downside space of the futures price is limited [5].

1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The methanol 2605 contract is expected to run strongly in the short - term, with short - term and medium - term trends being volatile and the intraday trend being strong [1][5] 3. Summary of Relevant Catalogs 3.1 Time Cycle Explanation - Short - term refers to within one week, medium - term refers to two weeks to one month [1] 3.2 Price Change Calculation Method - For varieties with night trading, the starting price is the night trading closing price; for those without night trading, the starting price is the previous day's closing price. The ending price is the day's daytime closing price to calculate the price change [2] 3.3 Strength and Weakness Criteria - A decline greater than 1% is considered weak, a decline of 0 - 1% is considered weakly, a rise of 0 - 1% is considered strongly, and a rise greater than 1% is considered strong. The strong/weak concept only applies to the intraday view [3][4] 3.4 Driving Logic of Methanol Price - The most critical factor supporting the upward movement of methanol prices recently is the "hard contraction" of overseas supply. Iran, as the main import source, is in the stage of winter natural gas supply guarantee and production restriction, with most methanol plants reducing or halting production. China's methanol imports may decline significantly in January - February. Geopolitical risks are rising, which boosted the domestic methanol futures to maintain a volatile and strong trend on the night of last Friday [5]

1. Industry Investment Rating - Not provided 2. Core Viewpoints - The methanol 2605 contract is expected to run strongly, with a short - term and medium - term outlook of oscillation and an intraday view of being on the strong side [1][5]. - The recent "hard contraction" of overseas supply is the strongest support for the upward movement of methanol prices. The supply in Iran, a major import source, is severely disrupted. The reduction of domestic port methanol inventory has led to the recovery of port spot prices and stronger basis, which has boosted bullish confidence in the futures market. It's predicted that domestic methanol futures may maintain an oscillatory and strong pattern on Wednesday [5]. 3. Summary by Related Catalog 3.1 Time - period Views - Short - term (within one week): The methanol 2605 contract is in an oscillatory state [1]. - Medium - term (two weeks to one month): The methanol 2605 contract is in an oscillatory state [1]. - Intraday: The methanol 2605 contract is on the strong side [1][5]. 3.2 Core Logic - The digestion of bearish sentiment has led to the stabilization of methanol's oscillation [1]. - The "hard contraction" of overseas supply, especially the supply disruption in Iran, is the key support for the upward movement of methanol prices. The reduction of domestic port inventory has driven the recovery of spot prices, strengthened the basis, and enhanced bullish confidence in the futures market [5].