August 31 news
[Key Insight] Currently, MTBE is exhibiting short-term oscillatory characteristics with a deep correction. Overall, prices remain at relatively high levels. With strong external market prices and robust support from China’s blending oil demand, the risk of a significant price decline is low. Should the 5-day and 10-day moving averages once again turn upward, MTBE will resume a clear upward trend.
1. Average Difference Change Table
| Mean Difference Indicator | Today's Value – 2026-08-30 | Yesterday's Value – 2026-08-29 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -2.00 | 4.80 | - |
| 10-Day Mean Difference (D10) | 94.60 | 117.60 | - |
| 20-Day Mean Difference (D20) | 215.10 | 209.30 | + |
2. Signal Status Determination
The current combination of mean difference change signs is (-, -, +), which constitutes a deep pullback (bearish, pullback nature) signal.
3. Trend Direction Conclusion
The short-term trend is oscillatory. Reason: The directions of change for the three averages compared to the previous day are not entirely consistent (D5 and D10 are declining, while D20 is rising), which does not meet the criteria for a clear upward or downward trend. Therefore, it is judged as an oscillatory trend, with a short-term characteristic of a deep correction that is slightly bearish.
4. Positional Spatial Reference
MTBE 1-year cycle price is at a medium-high level, corresponding to the 4th tier out of 5 tiers; 60-day and 3-month cycle prices are at a high level, corresponding to the 5th tier out of 5 tiers, with limited overall upward potential. Due to the continuous increase in overseas prices and the support of peak gasoline blending demand in China during the third quarter, the short-term downward space is also relatively limited.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
