September 1st news
On August 31, 2026, the propylene oxide market in China showed an overall pattern of fluctuation with a bullish and resilient trend. The indicators for different periods were divergent, without forming a one-sided trend, which met the criteria for a fluctuating market, and the market triggered more signals of resilience against decline. In terms of price, there was a differentiated characteristic of short-term high and long-term low. Short-term prices, being at a mid-high level, had limited room for further increases and may mainly undergo range-bound consolidation. On the other hand, annual prices, being at a mid-low level, had ample room for medium to long-term recovery and upward movement. Overall, the market remained resilient with a bullish tone.
1. Average Difference Variation Table
| Average Difference Type | Today's Value (2026-08-31) | Yesterday's Value (2026-08-30) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -40.00 | -6.66 | - |
| 10-day Average Difference (D10) | -133.33 | -165.00 | + |
| 20-day Average Difference (D20) | 23.33 | 82.50 | - |
2. Signal status judgment
Three combinations of directional changes in differences are (-, +, -), which belong to the anti-fall warning (bullish) signal.
3. Trend direction conclusion
The current price trend is oscillating (with a bullish bias). Reason: The changes in the 5-day, 10-day, and 20-day moving averages compared to the previous day are not entirely consistent, which fits the criteria for an oscillating trend. Additionally, the signal indicates resistance to falling, suggesting an overall bullish bias.
4. Positional Spatial Reference
60-day and 3-month cycle prices are at a medium-high level (4th tier), with limited short-term upside potential;
1-year cycle price is in the mid-to-lower range (2nd tier), with some potential for upward movement in the medium to long term.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
