瓶片短纤数据日报-20250828

Group 1: Report Industry Investment Rating - Not provided Group 2: Core View of the Report - Domestic PTA plants have experienced concentrated breakdowns and maintenance, leading to a slight decline in domestic PTA production. The spread between PX and naphtha has widened, and the weakness of benzene prices has somewhat suppressed the further increase of PX production. The spread between PX and MX has rebounded, and the downstream load of polyester has remained at around 88%. The inventory of polyester factories is optimistic. The main polyester production cuts are concentrated in staple fiber and bottle chip varieties. With the recent improvement in sales and inventory reduction, polyester prices have performed well, especially the inventory of filament has been well reduced, sales have been continuously optimistic, and profits have been significantly repaired. Attention should be paid to the impact of subsequent device progress on the market [2] Group 3: Summary According to Related Catalogs 1. Price Changes - PTA spot price decreased from 4870 to 4835, a decrease of 35 [2] - MEG domestic price remained unchanged at 4553 [2] - PTA closing price decreased from 4870 to 4824, a decrease of 46 [2] - MEG closing price decreased from 4490 to 4481, a decrease of 9 [2] - 1.4D direct - spun polyester staple fiber price remained unchanged at 6680 [2] - Short - fiber basis increased from 103 to 118, an increase of 15 [2] - 9 - 10 spread decreased from 130 to 104, a decrease of 26 [2] - Polyester staple fiber cash flow increased from 240 to 246, an increase of 6 [2] - 1.4D imitation large - chemical fiber price remained unchanged at 5700 [2] - The price difference between 1.4D direct - spun and imitation large - chemical fiber remained unchanged at 980 [2] - East China water bottle chip price decreased from 5950 to 5926, a decrease of 24 [2] - Hot - filled polyester bottle chip price decreased from 5950 to 5926, a decrease of 24 [2] - Carbonated polyester bottle chip price decreased from 6050 to 6026, a decrease of 24 [2] - Outer - market water bottle chip price remained unchanged at 785 [2] - Bottle chip spot processing fee increased from 261 to 267, an increase of 5.93 [2] - T32S pure polyester yarn price remained unchanged at 10350 [2] - T32S pure polyester yarn processing fee remained unchanged at 3670 [2] - Polyester - cotton yarn 65/35 45S price remained unchanged at 16300 [2] - Cotton 328 price decreased from 15240 to 15215, a decrease of 25 [2] - Polyester - cotton yarn profit increased from 1110 to 1120, an increase of 9.45 [2] - Virgin three - dimensional hollow (with silicon) price remained unchanged at 7120 [2] - Hollow staple fiber 6 - 15D cash flow increased from 231 to 261, an increase of 29.93 [2] - Virgin low - melting - point staple fiber price remained unchanged at 7470 [2] 2. Market Conditions - Polyester staple fiber: The price of polyester staple fiber production plants was stalemate, the price of traders declined, downstream buyers were mainly on the sidelines, the purchasing willingness was low, and the on - site transactions were sluggish. The price of 1.56dtex*38mm semi - bright natural white (1.4D) polyester staple fiber in the East China market was 6450 - 6750 in cash, spot, tax - included, self - pick - up; in the North China market, it was 6570 - 6870 in cash, spot, tax - included, delivered; in the Fujian market, it was 6490 - 6600 in cash, spot, tax - included, delivered [2] - Bottle chips: The mainstream negotiation price of polyester bottle chips in the Jiangsu and Zhejiang markets was 5930 - 6050 yuan/ton, and the average price decreased by 25 yuan/ton compared with the previous working day. On the day, polyester raw materials and bottle chip futures fluctuated. The supply side's quotations were a mixture of stable and falling. Downstream terminals followed up cautiously, and the market transaction was cold. The price center of bottle chips declined [2] 3. Operating Rates and Sales - Direct - spun staple fiber load (weekly) decreased from 91.10% to 90.60% [3] - Polyester staple fiber sales decreased from 40.00% to 37.00%, a decrease of 3.00% [3] - Polyester yarn startup rate (weekly) decreased from 62.80% to 62.00% [3] - Regenerated cotton - type load index (weekly) decreased from 49.00% to 49.50% [3]