September 3rd News
1. Average Difference Change Table
| Average Difference Type | Value on 2026.09.02 | Value on 2026.09.01 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 142.32 | 46.80 | + |
| 10-day Average Difference (D10) | 39.69 | 45.40 | - |
| 20-day Average Difference (D20) | 211.94 | 209.20 | + |
2. Signal Status Judgment
The current three difference change combinations are (+, -, +), which belong to a stagnation warning (bearish) signal.
3. Trend Direction Conclusion
The short-term trend is volatile, because the directions of change in the three moving averages are not entirely consistent with the previous day, failing to meet the criteria for a clear upward or downward trend.
4. Position and Spatial Reference
MTBE 60-day cycle price is at a high level, 3-month cycle is at a high level, and 1-year cycle is at a moderately high level. The short-term upside is limited, and the risk of a pullback from the high level is relatively high.
5. Core Views
The current MTBE is supported by continuous price increases from Shandong manufacturers and rising foreign market prices, leading to a short-term surge. However, signals of stagnation have already appeared, indicating a higher probability of short-term volatility with a downward bias. It is essential to closely monitor the demand for downstream gasoline blending.
6. Trend Chart Display
7. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
