August 21 news
[MTBE Price Short-Term Trend Analysis Daily Report] Key Insights: The mean difference indicator shows that MTBE prices are on a clear upward trend. Production companies in Shandong, China, have raised their quotes for several consecutive days, and the Asian spot market has risen for two consecutive days. Meanwhile, the 60-day and 3-month moving averages remain at high levels, capping the room for further price increases. As a result, while short-term prices are expected to stay on an upward trajectory, the pace of price increases may be constrained.
I. Table of Mean Difference Changes
| Average Difference Type | Value as of 2026-08-20 | Value as of 2026-08-19 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 123.60 | 108.00 | + |
| 10-day Average Difference (D10) | 65.20 | 13.00 | + |
| 20-day Average Difference (D20) | -71.19 | -101.26 | + |
II. Signal State Determination
Three differences are all positive and consistent with the previous day, indicating a clear upward signal.
III. Trend Direction Conclusions
The short-term price trend for MTBE is clearly upward. The reason: The 5-day, 10-day, and 20-day moving averages all showed positive widening compared to yesterday (all showing positive directional changes), and their directions of movement are completely consistent, meeting the criteria for a clear upward trend as defined by the moving average difference method. In addition, MTBE producers in Shandong, China, have raised their quotes for several consecutive days (cumulative increases from August 17 to 20 ranged from 80 to 200 CNY per ton). Meanwhile, the Asian MTBE spot market has risen for two consecutive days (up by $12.24 per ton on August 18 and by $15.18 per ton on August 20). With ample supportive factors in the market, prices are expected to maintain an upward trend in the short term.
IV. Spatial Reference
60-day cycle price position: high, with limited upside potential;
Price position in the 3-month cycle: High; price increase either sustained or suppressed.
1-year cycle price position: at a medium-high level, with some potential for increase.
5. Trend Chart Display
Six, Market Dynamics
China Offer: From August 17-20, MTBE prices in the Shandong region of China were continuously increased. Shandong Chengtai New Materials raised their price by 230 CNY/ton to 7,030 CNY/ton, Shida Shenghua raised their price by 280 CNY/ton to 7,080 CNY/ton, and Dongming Qianhai Chemical raised their price by 400 CNY/ton to 6,950 CNY/ton.
Overseas Market Performance: The Asian MTBE market rose for two consecutive days on August 18 and 20, with a cumulative increase of $27.42 per ton, reaching a range of $1,005.58–$1,007.58 per ton. Prices in the European and U.S. markets experienced volatile adjustments.
Seven, Reference of Upstream and Downstream of the Industry Chain in China
Upstream commodity: Methanol;
Downstream products: gasoline blending agents, polymer-grade isobutylene, methacrylic acid, isobutylene.
8. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
