Today, the MIBK spot price continues its upward trend, with clear signals of an increase in the average difference indicator. The price is in the mid-range over a 1-year period, indicating some room for further increases, and the short-term price trend has a high degree of certainty.
I. Table of Mean Difference Changes
| Average Difference Type | Today's Value | Yesterday's Value | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 65.00 | 0.00 | + |
| 10-Day Average Difference (D10) | 23.33 | 1.67 | + |
| 20-Day Average Difference (D20) | 11.67 | 3.33 | + |
II. Signal State Determination
The three mean differences all showed the same direction of change as the previous day and were all positive, indicating a clear upward signal.
III. Conclusion on Trend Direction
The price trend is clearly rising, reason: the 5-day, 10-day, and 20-day average differences compared to yesterday all show positive growth, and the directions of all three are completely consistent, meeting the criteria for a clear upward trend according to the average difference method in China.
IV. Positional Spatial Reference
1 year cycle price position: median, the price is within the 40%-60% range of the cycle, with a certain degree of elasticity for both increases and decreases.
60-day cycle price position: mid-high, with the price within the 60%-80% range of the cycle, suggesting that the short-term upside may be somewhat limited;
Price position within the 3-month cycle: Mid-to-low range, with prices situated in the 20%-40% interval of the cycle; there is medium-term potential for a corrective upward move.
Overall, in the short term, attention should be paid to the pressure in the mid-to-high range, while the potential for an upward trend in the medium term is relatively sufficient.
V. Trend Chart Display
VI. Industry Chain Reference
Upstream related products: dipropyl ketone, isopropanol, acetone; downstream related products: dewaxing agents, extractants, antidegradants, solvents.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
