瓶片短纤数据日报-20260205

Group 1: Report Industry Investment Rating - No relevant information provided Group 2: Core Viewpoints of the Report - The commodity market has significantly declined. PX maintains fundamental resilience during the high - level correction. Due to the geopolitical risks in Iran, the risk of crude oil prices still exists. The downstream PTA industry remains strong. China's PTA output in January is expected to reach a record high, with no plans for Spring Festival production cuts. With no new PTA production capacity throughout the year, existing facilities will operate at full capacity to meet the growing polyester demand, providing a solid demand base for PX. The PX supply side remains tight. The South Korean TDP plant has increased its load, and a PX plant in the Middle East is scheduled to shut down before February, resulting in limited global effective capacity release. The PX - mixed xylene toluene spread remains around $150. In terms of the profit structure, although the PX - naphtha spread has fallen to $335/ton, it is still at a healthy level. Domestic PTA maintains high - level operation, domestic demand has declined, and the production cuts of polyester factories have a limited negative feedback on PTA. Bottle chip profits are expanding, while short - fiber profits are declining [2] Group 3: Summary of Related Data Price and Price Change - PTA spot price increased from 5080 to 5140, a change of 60; MEG domestic price increased from 3670 to 3675, a change of 5; PTA closing price increased from 5150 to 5218, a change of 68; MEG closing price increased from 3767 to 3788, a change of 21; 1.4D direct - spun polyester staple fiber price increased from 6555 to 6575, a change of 20; short - fiber basis decreased from 28 to 12, a change of - 16; 3 - 4 spread decreased from - 50 to - 70, a change of - 20; 1.4D imitation large - chemical fiber price remained unchanged at 5300; the spread between 1.4D direct - spun and imitation large - chemical fiber increased from 1255 to 1275, a change of 20; East China water bottle chip price increased from 6187 to 6256, a change of 69; hot - filled polyester bottle chip price increased from 6187 to 6256, a change of 69; carbonated - grade polyester bottle chip price increased from 6287 to 6356, a change of 69; external water bottle chip price increased from 825 to 835, a change of 10; bottle chip spot processing fee increased from 614 to 630, a change of 16; T32S pure polyester yarn price remained unchanged at 10700; T32S pure polyester yarn processing fee decreased from 4145 to 4125, a change of - 20; polyester - cotton yarn 65/35 45S price remained unchanged at 16800; cotton 328 price increased from 15650 to 15660, a change of 10; polyester - cotton yarn profit decreased from 1538 to 1521, a change of - 17; primary three - dimensional hollow (with silicon) price remained unchanged at 7300; hollow short - fiber 6 - 15D cash flow decreased from 527 to 474, a change of - 53; primary low - melting - point short - fiber price remained unchanged at 7895 [2] Production and Sales and Operating Rate - Direct - spun short - fiber load (weekly) increased from 86.77% to 88.84%, a change of 2.07%; polyester staple fiber production and sales decreased from 57.00% to 56.00%, a change of - 1.00%; polyester yarn operating rate (weekly) increased from 70.00% to 70.32%, a change of 0.32%; recycled cotton - type load index (weekly) decreased from 55.44% to 54.81%, a change of - 0.63% [3]