10月10日盘中，短纤期货主力合约偏弱震荡，最低下探至6176.00元。截止发稿，短纤主力合约报 6180.00元，跌幅1.50%。 新湖期货 短纤绝对价格跟随成本运行 东海期货 短纤中期跟随聚酯端保持或可继续逢高空 新湖期货：短纤绝对价格跟随成本运行 上一交易日,直纺涤短现货工厂报价维稳，成交商谈。贸易商优惠走货，主流维持在6300~6550区间。工 厂十一期间库存增加不多，大多在1~3天附近。销售高低分化，平均产销67%。装置方面，十一期间部 分中空及低熔点短纤工厂负荷提升，但福建某棉型短纤工厂停车检修两周，短纤负荷小幅下滑至 94.3%。需求端，纯涤纱及涤棉纱报价维持，成交商谈，销售尚可。总体来看，需求环比改善，短纤库 存去化，加工费有继续修复空间，绝对价格跟随成本运行。 东海期货：短纤中期跟随聚酯端保持或可继续逢高空 短纤跟随聚酯板块调整，近期或继续保持震荡格局。终端订单季节性有提升但幅度有限，短纤开工反弹 导致库存出现有限累积，后期更多的去化仍然需要观察到终端订单的持续回暖带来的开工提升反馈，目 前来看后续上升空间或有限。短纤中期跟随聚酯端保持或可继续逢高空。 更新时间： 短纤期货主力跌超1%，对于 ...

Core Viewpoint - The domestic futures market for chemical fibers is experiencing a downward trend, particularly in short fiber futures, which have seen a slight decline of 1.62% to 6326.00 yuan/ton as of the report date [1] Market Dynamics - New Lake Futures indicates that both spot and traders are maintaining profit margins while selling, with downstream pricing at lower levels and acceptable transaction volumes. The mainstream negotiation range for semi-dull 1.4D is between 6350 and 6700 yuan/ton [1] - Southwest Futures reports an improvement in sales of polyester yarn, with downstream weaving and dyeing factories in Jiangsu and Zhejiang operating at load rates of 79%, 68%, and 72% respectively. Raw material inventory levels are cautiously optimistic, with a concentration of 10-20 days, while some factories have inventory exceeding one month [1] Inventory Levels - According to Ruida Futures, as of August 28, the equity inventory of polyester short fiber factories in China stands at 6.86 days, an increase of 0.21 days from the previous period. Physical inventory is at 14.42 days, up by 0.66 days [1] Future Outlook - Donghai Futures suggests that short fiber prices have slightly retreated after an initial rise, indicating that the overall strength of the polyester sector remains insufficient. Seasonal improvements in terminal orders are noted, with a slight rebound in short fiber production and limited inventory accumulation. However, further observation is needed regarding the sustainability of terminal order recovery and its impact on production increases, suggesting limited upward potential in the near term [1]