短纤:成本支撑,短期震荡,中期有压力瓶片:成本支撑,短期震荡,中期有压力
Guo Tai Jun An Qi Huo·2025-12-02 02:12
- Report's Industry Investment Rating - Not provided in the report 2. Core View of the Report - Short - fiber and bottle - chip industries are supported by costs, with short - term fluctuations and medium - term pressure [1] 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking Short - fiber - Short - fiber futures prices (2512, 2601, 2602) increased, with changes of 42, 40, and 138 respectively; PF12 - 01 increased by 2, PF01 - 02 decreased by 98; PF main contract basis increased by 8; main contract open interest increased by 143,281, and trading volume decreased by 6,176; East China spot price increased by 50, and the production - sales ratio increased by 35% to 88% [1] Bottle - chip - Bottle - chip futures prices (2512, 2601, 2602) increased, with changes of 42, 30, and 48 respectively; PR12 - 01 increased by 12, PR01 - 02 decreased by 18; PR main contract basis remained unchanged; main contract open interest decreased by 96, and trading volume decreased by 15,800; East China spot price increased by 30, and South China spot price increased by 70 [1] 3.2 Spot News Short - fiber - Short - fiber futures fluctuated upwards. In the morning, factory quotes were stable, discounts from futures - cash and traders narrowed. As the market continued to rise, factory sales improved, and most quotes were raised by 50 - 100 yuan/ton in the afternoon. The mainstream semi - bright 1.4D quotes were in the range of 6,500 - 6,600 yuan/ton, and the negotiation focus was in the range of 6,300 - 6,500 yuan/ton. The quotes of hollow and low - melting - point short - fiber factories were also raised by 50 - 100 yuan/ton in the afternoon. As of 3:00 pm, the average production - sales ratio was 88% [1] Bottle - chip - Upstream raw material futures fluctuated after rising. Polyester bottle - chip factory quotes were mostly raised by 30 - 60 yuan. The trading atmosphere in the polyester bottle - chip market was average, and there was a large price gap between different brands. Orders from December to January were mostly traded at 5,720 - 5,800 yuan/ton ex - factory, with a small amount slightly lower at around 5,660 - 5,670 yuan/ton ex - factory and a small amount slightly higher at around 5,830 - 5,900 yuan/ton ex - factory [2] 3.3 Trend Intensity - The trend intensity of short - fiber and bottle - chip on the reporting day's daytime main contract futures price fluctuations was 0, indicating a neutral trend [2]