短纤：短期低位震荡，中期有压力20251218，瓶片：短期低位震荡，中期有压力20251218瓶片

Report Industry Investment Rating No relevant content provided. Core Viewpoints - Short fiber and bottle chip are expected to experience short - term low - level fluctuations and face medium - term pressure [1] Summary by Related Catalogs Fundamental Tracking Short Fiber - For short fiber 2601, the price changed from 6122 the day before yesterday to 6142 yesterday, an increase of 20; PF01 - 02 changed from 16 to 24, an increase of 8 [1] - For short fiber 2602, the price changed from 6106 to 6118, an increase of 12; PF02 - 03 changed from 16 to 10, a decrease of 6 [1] - For short fiber 2603, the price changed from 6090 to 6108, an increase of 18; the main contract basis changed from 154 to 142, a decrease of 12 [1] - The main contract's open interest decreased from 207531 to 152710, a decrease of 54821; the main contract's trading volume changed from 228128 to 227435, a decrease of 93 [1] - The short - fiber East China spot price remained at 6260; the short - fiber production and sales rate increased from 46% to 66%, an increase of 20% [1] Bottle Chip - For bottle chip 2601, the price changed from 5550 to 5568, an increase of 18; PR01 - 02 changed from - 92 to - 80, an increase of 12 [1] - For bottle chip 2602, the price changed from 5642 to 5648, an increase of 6; PR02 - 03 changed from 10 to 8, a decrease of 2 [1] - For bottle chip 2603, the price changed from 5632 to 5640, an increase of 8; the main contract basis changed from 28 to 25, a decrease of 3 [1] - The main contract's open interest increased from 36750 to 38120, an increase of 1370; the main contract's trading volume changed from 29752 to 30524, an increase of 772 [1] - The bottle - chip East China spot price changed from 5660 to 5665, an increase of 5; the bottle - chip South China spot price remained at 5700 [1] Spot News Short Fiber - Today, short - fiber futures fluctuated within a narrow range. Most factory quotes remained stable, with individual quotes down 50. The mainstream quote for semi - bright 1.4D was in the range of 6400 - 6500. As futures prices rose, the discounts offered by traders and futures - cash traders decreased. The mainstream negotiation range for semi - bright 1.4D was mostly in the range of 6150 - 6400, and sales weakened. The average production and sales rate of direct - spinning polyester staple fiber factories improved moderately to 66% [1] Bottle Chip - The upstream raw material futures first rose and then fell. Most polyester bottle - chip factory quotes remained stable, with partial quotes up 20 - 30 yuan. The trading atmosphere in the polyester bottle - chip market was average. Orders from December to February were mostly traded at 5650 - 5680 yuan/ton ex - factory, with a small amount slightly lower at 5620 - 5640 yuan/ton ex - factory and a small amount slightly higher at 5700 - 5720 yuan/ton ex - factory. Prices varied slightly depending on the brand [2] Trend Intensity - The trend intensity of short fiber and bottle chip on the reporting day's daytime session of the main contract futures price fluctuation was 0, with the trend intensity value ranging from - 2 to 2, where - 2 represents the most bearish and 2 represents the most bullish [2]