Recent municipal elections in Durango delivered gains for the PAN-PRI alliance, which captured 20 municipalities compared to 16 for Morena and its partners, shifting local momentum ahead of the June 2027 contest to renew all 25 state congress seats. The current LXX Legislature shows Morena holding a plurality of 11 seats against PRI's seven and PAN's five, leaving no party with outright control. With precampaigns scheduled to begin late 2026 and full campaigns in spring 2027, trader pricing reflects early opposition strength from those 2025-2026 results while acknowledging Morena's established base and the still-distant voting date that leaves room for shifts in turnout or coalition dynamics.