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

1. Report Industry Investment Rating - No information provided on the industry investment rating 2. Core Viewpoints - Short fibers and bottle chips are supported by costs, experiencing short - term fluctuations and facing medium - term pressure [1] 3. Summary by Relevant Catalogs 3.1 Fundamental Tracking Short Fibers - For short fiber 2512, the price was 6204 yesterday, up 6 from the day before [1] - For short fiber 2601, the price was 6304 yesterday, down 2 from the day before [1] - For short fiber 2602, the price was 6304 yesterday, up 54 from the day before [1] - PF12 - 01 was - 100 yesterday, up 8 from the day before; PF01 - 02 was 0 yesterday, down 56 from the day before [1] - The short - fiber main contract basis was 146 yesterday, down 6 from the day before [1] - The short - fiber main contract open interest was 241,884 yesterday, down 70,430 from the day before [1] - The short - fiber main contract trading volume was 167,780 yesterday, down 9,174 from the day before [1] - The short - fiber sales - to - production ratio was 51% yesterday, down 37% from the day before [1] - The short - fiber spot price in East China remained at 6,350 [1] Bottle Chips - For bottle chip 2512, the price was 5726 yesterday, down 6 from the day before [1] - For bottle chip 2601, the price was 5746 yesterday, down 10 from the day before [1] - For bottle chip 2602, the price was 5832 yesterday, down 4 from the day before [1] - PR12 - 01 was - 20 yesterday, up 4 from the day before; PR01 - 02 was - 86 yesterday, down 6 from the day before [1] - The bottle - chip main contract basis was 24 yesterday, up 10 from the day before [1] - The bottle - chip main contract open interest was 19,579 yesterday, down 1,109 from the day before [1] - The bottle - chip main contract trading volume was 20,027 yesterday, down 10,140 from the day before [1] - The bottle - chip spot price in East China and South China remained at 5770 and 5850 respectively [1] 3.2 Spot News Short Fibers - Today, short - fiber futures fluctuated within a narrow range. In the spot market, factory quotes remained stable in the morning. Some quotes from futures - cash and traders remained stable, while some discounts were moderately reduced. The mainstream quotes for semi - dull 1.4D were in the range of 6500 - 6600, and the negotiation focus was mostly in the range of 6300 - 6500. Factory sales declined moderately today. Sales in Fujian were better than those in Jiangsu and Zhejiang. Traders had few sales, and high - price transactions were difficult. As of around 3:00 pm, the average sales - to - production ratio was 61% [1] Bottle Chips - The upstream raw material futures showed a weak and fluctuating trend. Polyester bottle - chip factory quotes were mostly stable, with some locally increasing by 10 - 50 yuan. The trading atmosphere in the polyester bottle - chip market was light during the day. There was a large price gap between different brands. Orders for December - January were mostly traded at 5750 - 5830 yuan/ton ex - factory, with some individual brands slightly lower at around 5650 - 5700 yuan/ton ex - factory and a small amount slightly higher at around 5850 - 5920 yuan/ton ex - factory [2] 3.3 Trend Intensity - The trend intensity of short fibers and bottle chips was 0, referring only to the price fluctuations of the main contract in the daytime session on the reporting day [2]