瓶片短纤数据日报-20250820

Group 1: Report Industry Investment Rating - No relevant content provided Group 2: Core Viewpoints of the Report - Domestic PTA production decreased slightly, and the port inventory of PTA increased by 20,000 tons this week [2] - The spread between PX and naphtha expanded to $260, and the weak benzene price restricted the further increase of PX production to some extent [2] - The spread between PX and MX recovered to around $140, and the repair of short - process profit was the main driving force for the recovery of PX load [2] - The downstream load of polyester remained at around 88%, and the inventory performance of polyester factories was optimistic [2] - The main polyester production - cut factories were concentrated in short - fiber and bottle - chip varieties [2] - With the recent improvement in production and sales and inventory reduction, and the recovery of PTA price, the load of the weaving end increased slightly [2] Group 3: Summary of Related Indexes Price and Price Changes - PTA spot price rose from 4670 to 4690, an increase of 20 [2] - MEG domestic price rose from 4441 to 4458, an increase of 17 [2] - PTA closing price dropped from 4746 to 4734, a decrease of 12 [2] - MEG closing price rose from 4346 to 4384, an increase of 38 [2] - 1.4D direct - spun polyester staple fiber price rose from 6550 to 6555, an increase of 5 [2] - Short - fiber basis dropped from 153 to 126, a decrease of 27 [2] - 9 - 10 spread decreased from 94 to 88, a decrease of 6 [2] - Polyester staple fiber cash flow rose from 240 to 246, an increase of 6 [2] - 1.4D imitation large - chemical fiber price remained unchanged at 5700 [2] - The spread between 1.4D direct - spun and imitation large - chemical fiber rose from 850 to 855, an increase of 5 [2] - East China water bottle chip price dropped from 5897 to 5880, a decrease of 17 [2] - Hot - filling polyester bottle chip price dropped from 5897 to 5880, a decrease of 17 [2] - Carbonated - grade polyester bottle chip price dropped from 5997 to 5980, a decrease of 17 [2] - Outer - market water bottle chip price remained unchanged at 770 [2] - Bottle - chip spot processing fee dropped from 416 to 377, a decrease of 39.8 [2] - T32S pure polyester yarn price remained unchanged at 10300 [2] - T32S pure polyester yarn processing fee dropped from 3750 to 3745, a decrease of 5 [2] - Polyester - cotton yarn 65/35 45S price remained unchanged at 16300 [2] - Cotton 328 price dropped from 15080 to 15075, a decrease of 5 [2] - Polyester - cotton yarn profit dropped from 1257 to 1256, a decrease of 1.42 [2] - Primary three - dimensional hollow (with silicon) price remained unchanged at 7060 [2] - Hollow staple fiber 6 - 15D cash flow dropped from 379 to 357, a decrease of 22.79 [2] - Primary low - melting - point staple fiber price remained unchanged at 7330 [2] Market Conditions - Polyester staple fiber production and sales increased from 43% to 14%, an increase of 57% [3] - Polyester yarn startup rate (weekly) rose from 61.5% to 62%, an increase of 0.01 [3] - Recycled cotton - type load index (weekly) dropped from 49.5% to 49%, a decrease of 0.01 [3] - Direct - spun staple fiber load (weekly) rose from 90.3% to 90.6%, an increase of 0 [3]