August 20th News
On August 20, 2026, the MTBE market in China showed a clear upward trend, with the 5-day, 10-day, and 20-day moving average differences all increasing compared to the previous day, meeting the criteria for a clear upward trend according to the moving average difference method. At the same time, MTBE producers in Shandong region have been raising their quotes for several consecutive days. On August 19, prices in the major global markets (Asia, Europe, and the United States) also increased significantly, providing support for the price increase from the supply and demand perspective.
1. Average Difference Variation Table
| Average Difference Type | Today's Value (2026-08-19) | Yesterday's Value (2026-08-18) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 108 | 99 | + |
| 10-day Average Difference (D10) | 13 | -32 | + |
| 20-day Average Difference (D20) | -101.26 | -122.73 | + |
2. Signal Status Judgment
Three differences are all positive compared to the previous day, which is a clear signal of an increase.
3. Trend Direction Conclusion
The short-term price trend is clearly upward, as the 5-day, 10-day, and 20-day moving average differences compared to the previous day are all positive, meeting the criteria for a clear upward trend according to the moving average difference method. Additionally, MTBE producers in Shandong, China, have continuously raised their quotations for several days. On August 19, prices in major global markets (Asia, Europe, and the United States) also saw significant increases, with supply and demand factors supporting the upward price movement.
4. Positional Spatial Reference
60-day and 3-month cycle prices are at high levels, with limited room for further increases;
Prices over a one-year cycle are at a medium-to-high level, leaving some room for upward movement, but caution is advised due to the risk of a pullback from these high levels.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
