Report Industry Investment Rating - The investment ratings for short - fiber and bottle - chip are both "short - term shock and slightly strong" [1] Core Viewpoints - Short - fiber futures fluctuate and consolidate following raw materials, with stable factory quotes and limited spot trading. The average sales - to - production ratio is 63%. Bottle - chip factory quotes are mostly stable, the market trading atmosphere is fair, and export quotes are also stable [1][2] Summary by Related Catalogs Fundamental Tracking Short - fiber - For short - fiber contracts, short - fiber 2510 closed at 6376, down 2 from the previous day; short - fiber 2511 closed at 6370, up 6; short - fiber 2512 closed at 6356, up 18. PF10 - 11 was 6, down 8; PF11 - 12 was 14, down 12. The basis was 100, down 6. The main contract's open interest was 144,980, down 13,832, and the trading volume was 184,338, down 4035. The spot price in East China remained at 6470, and the sales - to - production ratio increased from 54% to 63% [1] Bottle - chip - For bottle - chip contracts, bottle - chip 2510 closed at 5840, down 6; bottle - chip 2511 closed at 5844, down 4; bottle - chip 2512 closed at 5848, down 10. PR10 - 11 was - 4, down 2; PR11 - 12 was - 4, up 6. The main contract's basis was - 14, down 6. The main contract's open interest was 37,689, down 123, and the trading volume was 34,262, up 2093. The spot price in East China dropped from 5840 to 5830, and in South China, it dropped from 5900 to 5890 [1] Spot News Short - fiber - Short - fiber futures fluctuate with raw materials, factory quotes are stable, and spot trading is limited. Semi - dull 1.4D is mainly traded in the range of 6400 - 6700. The average sales - to - production ratio is 63% as of 3:00 pm [1] Bottle - chip - Upstream polyester raw material futures closed slightly higher, bottle - chip factory quotes are mostly stable. The domestic market trading atmosphere is fair, with 9 - 11 month orders mainly traded at 5800 - 5920 yuan/ton ex - factory. Export quotes of bottle - chip factories are mostly stable, with the negotiation range of mainstream East China factories at 765 - 790 US dollars/ton FOB Shanghai Port [2] Trend Intensity - The trend intensity of short - fiber and bottle - chip is both 1, indicating a slightly strong trend for the main contract's price fluctuations on the reporting day [2]
短纤:短期震荡偏强,瓶片:短期震荡偏强瓶片
Guo Tai Jun An Qi Huo·2025-09-12 01:58