August 28 news
[Key Insight] In the short term, MTBE is in a deep correction and volatile phase with a bearish bias. After consecutive price hikes earlier, spot quotes have fallen for the first time, and coupled with the continued weakening of Asian offshore markets, MTBE is currently at a cyclical high, facing significant downward pressure in the near term.
1. Mean Difference Change Table
| Mean Difference Indicator | Value as of August 27, 2026 | Value as of August 26, 2026 | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 91.60 | 148.40 | - |
| 10-day Mean Difference (D10) | 114.80 | 118.00 | - |
| 20-day Mean Difference (D20) | 173.30 | 147.30 | + |
2. Signal Status Judgment
The current signal is a deep pullback (bearish, pullback nature).
3. Trend Direction Conclusion
The short-term trend is one of volatility (with a bearish pullback). The reason: The three moving averages showed differing directions of change compared to the previous day—(-, -, +)—and these directions are not entirely consistent, thus meeting the criteria for identifying a volatile trend. This constitutes a deep bearish pullback signal. From a fundamental perspective, Asian MTBE spot prices have declined for three consecutive trading days. On August 27, the leading producer in Shandong lowered its quoted price by 50 CNY/ton compared to the previous day. The previous sustained rally has temporarily come to an end, weakening the willingness of holders to support prices, and creating downward pressure in the short term.
4. Positional Spatial Reference
60-day and 3-month MTBE prices in China are both at the 5th level (high), with very limited room for further increases and significant pressure for a pullback; the 1-year cycle is at the 4th level (moderately high).
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
