September 2nd news
On September 1, 2026, the price of propylene oxide in China showed a rebound with a bullish bias in a fluctuating trend. The short-term moving averages have generally warmed up, and bullish signals have appeared. However, there is a clear divergence between the short-term and long-term price levels. The short-term upward space is limited, while the long-term market has ample room for both increases and decreases. Overall, the main characteristic of the market is a range-bound, slightly bullish, fluctuating rebound.
1. Table of Average Deviation Changes
| Average Difference Type | Today's Value (CNY/ton) | Yesterday's Value (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 110.00 | -40.00 | + |
| 10-day Average Difference (D10) | -70.00 | -133.33 | + |
| 20-day Average Difference (D20) | -33.33 | 23.33 | - |
2. Signal status determination
The current combination of mean differences is (+, +, -), which constitutes a strong rebound signal (bullish, with rebound characteristics).
3. Trend Direction Conclusion
The current price trend is oscillating, reason: the 5-day and 10-day average differences are higher than the previous day, while the 20-day average difference is lower than the previous day. The directions of change for these three indicators are not entirely consistent, which meets the criteria for an oscillating trend. The current stage is characterized by a bullish rebound.
4. Positional Spatial Reference
Over a 60-day and 3-month period, prices are in the 5th tier (high range), leaving limited room for short-term upward movement.
The price for the 1-year cycle is in the second tier (mid-to-low range), offering relatively ample room for both upward and downward movements over the long term.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
