瓶片短纤数据日报-20250925

Group 1: Report Core View - Domestic PTA device gradually returns, PTA production increases, PTA basis drops rapidly, and the market is under pressure. OPEC+ increases oil production again, causing a sharp decline in crude oil prices. The spread between PX and naphtha narrows. Recently, production and sales have weakened and inventory has increased. The polyester operating load has risen to 91%, but PTA shows weakness due to the decline in crude oil prices and the weakening of the basis [2] Group 2: Data Summary Price Changes - PTA spot price increased from 4470 to 4525, a change of 55 [2] - MEG inner - market price increased from 4297 to 4301, a change of 4 [2] - PTA closing price increased from 4556 to 4626, a change of 70 [2] - MEG closing price increased from 4212 to 4234, a change of 22 [2] - 1.4D direct - spun polyester staple fiber price increased from 6440 to 6460, a change of 20 [2] - Polyester staple fiber basis remained unchanged at 149 [2] - 10 - 11 spread increased from 4 to 6, a change of 2 [2] - Polyester staple fiber cash flow increased from 240 to 246, a change of 6 [2] - 1.4D imitation large - chemical fiber price remained unchanged at 5625 [2] - The spread between 1.4D direct - spun and imitation large - chemical fiber increased from 815 to 835, a change of 20 [2] - East China water bottle chip price increased from 5757 to 5804, a change of 47 [2] - Hot - filling polyester bottle chip price increased from 5757 to 5804, a change of 47 [2] - Carbonated - grade polyester bottle chip price increased from 5857 to 5904, a change of 47 [2] - Outer - market water bottle chip price increased from 755 to 760, a change of 5 [2] - Bottle chip spot processing fee decreased from 496 to 494, a change of - 1.37 [2] - T32S pure polyester yarn price remained unchanged at 10270 [2] - T32S pure polyester yarn processing fee decreased from 3830 to 3810, a change of - 20 [2] - Polyester - cotton yarn 65/35 45S price remained unchanged at 16250 [2] - Cotton 328 price increased from 14755 to 14775, a change of 20 [2] - Polyester - cotton yarn profit decreased from 1403 to 1382, a change of - 20.82 [2] - Primary three - dimensional hollow (with silicon) price decreased from 7050 to 7020, a change of - 30 [2] - Hollow staple fiber 6 - 15D cash flow decreased from 589 to 510, a change of - 78.37 [2] - Primary low - melting - point staple fiber price decreased from 7430 to 7350, a change of - 80 [2] Operating Rate and Production and Sales - Direct - spun staple fiber load (weekly) increased from 93.90% to 94.40%, a change of 0.01 [3] - Polyester staple fiber production and sales increased from 30.00% to 64.00%, a change of 34.00% [3] - Polyester yarn startup rate (weekly) remained unchanged at 63.50% [3] - Regenerated cotton - type load index (weekly) decreased from 51.50% to 51.00%, a change of 0.01 [3] Market Conditions - Polyester staple fiber: Ethylene glycol rose by 20 to 4234, and polyester staple fiber rose by 62 to 6296. The price of polyester staple fiber production factories was stable, the price of traders rose slightly, and a few downstream enterprises restocked before the festival. The trading in the market was differentiated [2] - Bottle chip: The mainstream negotiation price of polyester bottle chips in the Jiangsu and Zhejiang markets was 5700 - 5820 yuan/ton, with the average price dropping by 35 yuan/ton compared with the previous working day. The polyester raw materials and bottle chip futures were weakly operating, the supply side adjusted the offer downward, the downstream terminal restocked on a rigid - demand basis, and the market negotiation atmosphere was okay, but the price center of bottle chips declined today [2]