August 13th News
On August 13, 2026, the MTBE market showed divergent performance in its moving average differentials: the 5-day differential declined, the 10-day differential rose, and the 20-day differential fell—meeting the criteria for a volatile market condition. From a fundamental perspective, MTBE producers in Shandong lowered their quoted prices by 50 CNY/ton; however, the overseas markets exhibited mixed price movements. The Asian MTBE market closed with prices up by $52.72/ton, while the European market saw prices fall by $37.5/ton, and the U.S. market posted a slight increase of $0.43/ton. With bullish and bearish factors intertwined, the market lacks a clear unidirectional driving force in the short term.
1. Average Difference Change Table
| Average Difference Type | Today's Value | Yesterday's Value | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -27 | 0 | - |
| 10-day Average Difference (D10) | -24.69 | -57.63 | + |
| 20-day Average Difference (D20) | -202.61 | -182.14 | - |
2. Signal Status Determination
Currently in a bearish resistance warning (slightly bullish), corresponding to the symbol combination (-, +, -).
3. Trend Direction Conclusion
Volatility. Reason: The direction of change in the three average price differences is not entirely consistent with the previous day, meeting the criteria for identifying a volatile market. From a fundamental perspective, MTBE producers in Shandong have lowered their quoted prices by 50 CNY/ton; however, the overseas markets show mixed trends. The Asian MTBE market closed at a price increase of $52.72/ton, while the European market saw a decrease of $37.5/ton, and the U.S. market experienced a slight increase of $0.43/ton. With bullish and bearish factors intertwined, the market lacks a clear, unidirectional driving force in the short term.
4. Positional Spatial Reference
MTBE 60-day cycle price is at a medium-high level, and the 3-month cycle price is also at a medium-high level, with limited room for increase; the 1-year cycle price is at a medium level, providing some support for a decline, and the short-term price fluctuation may be limited.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
