短纤：政策预期向上，震荡反弹，瓶片：政策预期向上，震荡反弹瓶片

Report Summary 1. Report Industry Investment Rating - No investment rating information provided in the report 2. Core Viewpoints - The short - fiber and bottle - chip industries are expected to have upward policy expectations and experience oscillatory rebounds [1] 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking - Short - fiber: The price of short - fiber 2505 was 6054, down 34 from the previous day; short - fiber 2506 was 6138, down 22; short - fiber 2507 was 6058, down 78. The short - fiber持仓量 increased by 14001 to 239730, and the short - fiber成交量 increased by 42640 to 271283. The short - fiber华东现货价格 dropped by 30 to 6310, and the short - fiber产销率 rose by 2% to 77% [1] - Bottle - chip: The price of bottle - chip 2505 was 5630, down 30 from the previous day; bottle - chip 2506 was 5690, down 70; bottle - chip 2509 was 5610, down 66. The bottle - chip持仓量 decreased by 1117 to 13810, and the bottle - chip成交量 decreased by 3339 to 21609. The bottle - chip华东现货价格 dropped by 30 to 5690, and the bottle - chip华南现货价格 dropped by 90 to 5730 [1] 3.2 Spot News - Macro news: China's Ministry of Commerce stated that China has decided to agree to engage with the US. Vice - Premier He Lifeng will hold talks with US Treasury Secretary Janet Yellen during his visit to Switzerland from May 9th to 12th [1] - Short - fiber: PF short - fiber futures showed weak oscillations. Factory quotes in the spot market remained stable, while traders offered moderate discounts. Downstream demand was mainly for on - demand purchases. As of 3:00 pm, the average sales - to - production ratio was 77%. Downstream polyester yarn quotes remained stable, and factories focused on sales, with some increasing discounts. Overall sales were average [2] - Bottle - chip: Polyester raw material futures declined, and polyester bottle - chip factory quotes were mostly lowered by 50 - 150 yuan. The overall market transaction was average. Orders from May to July were moderately traded at around 5640 - 5750 yuan/ton ex - factory, with some variations due to brand differences [2] 3.3 Trend Intensity - The short - fiber trend intensity was 1, and the bottle - chip trend intensity was 1, referring to the daily - session main - contract futures price fluctuations on the reporting day [3]