Recently, the market price of ethyl acetate has been continuously increasing, with companies in North China and East China steadily raising their quotes, and the market sentiment is bullish. Based on the analysis of the average difference indicators and price levels, the current market is in a relatively strong fluctuation pattern, and the mid-to-low price levels provide some support for future market trends.
I. Table of Mean Difference Changes
| Average Difference Type | Today’s Value (2026-08-18) | Yesterday’s Value (2026-08-17) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 0.00 | 0.00 | Flat |
| 10-day Average Difference (D10) | 0.00 | 0.00 | Flat |
| 20-day Average Difference (D20) | -3.33 | -4.17 | Up |
II. Signal State Determination
Strong consolidation (bullish)
III. Conclusion on Trend Direction
Oscillation (slightly bullish). Reason: The 5-day and 10-day average differences remain at 0 with no change, while the 20-day average difference narrowed from -4.17 to -3.33 compared to yesterday. The changes in the three average differences are not completely consistent, which is characteristic of oscillation. At the same time, factory prices in North China have been continuously increasing, rising by 15 CNY/ton on August 17 and 60 CNY/ton on August 18. In East China, prices increased by 10 CNY/ton on August 17. Market sentiment is supportive of price increases, presenting a strong consolidation with a slightly bullish pattern.
Four, Spatial Reference
1-year cycle price is at a medium-low level, 3-month cycle is at a medium-low level, and 60-day cycle is at a high level. The medium-low level of the long cycle suggests that the overall downward space is limited, while the short-term 60-day high may exert some pressure on further increases. In the short term, the market is likely to maintain a range-bound and relatively strong trend.
V. Price Trend Chart
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
