September 7 news
[Key Insights] Currently, methanol is experiencing a deep correction with short-term volatile and bearish tendencies: First, the moving average divergence signal (-,-,＋) indicates a deep correction pattern—three moving averages are changing in different directions, failing to converge on a clear unidirectional upward or downward trend; second, auction failure rates have risen in major production regions, and spot prices in Shandong and other areas have surged only to subsequently fall back, weakening short-term supply-and-demand support; third, prices are hovering near the upper end of their three-month range, leaving limited room for further gains and highlighting significant short-term downward pressure.
1. Average Difference Variation Table
| Mean Deviation Indicator | Today's Value (2026.09.06) | Yesterday's Value (2026.09.05) | Direction of Change |
|---|---|---|---|
| D5 (5-day Mean Deviation) | -2.84 | 18.33 | - |
| D10 (10-day Mean Deviation) | 168.17 | 197.50 | - |
| D20 (20-day Mean Deviation) | 139.92 | 119.12 | + |
2. Signal Status Judgment
The current combination of changes in the three central differences is (-, -, +), which constitutes a deep pullback (bearish, pullback nature) signal.
3. Trend Direction Conclusion
The current methanol price trend is oscillating. Reason: D5 and D10 are lower than the previous day, while D20 is higher than the previous day. The changes in the three averages are not completely consistent, which meets the criteria for an oscillating trend.
4. Positional Spatial Reference
Methanol prices over 60-day and 3-month periods in China are at the 5th level (high), while the 1-year period price is at the 4th level (moderately high). The overall upward potential is limited, and there is pressure for a short-term correction.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
