September 7 news
[Key Insight] In the short term, MTBE is likely to remain in a volatile trading range with a slight tendency to resist downward pressure. In the medium term, price support is relatively strong; however, current prices are already at high levels, leaving limited room for further upward movement.
1. Average Deviation Change Table
| Average Difference Type | Value on 2026-09-06 | Value on 2026-09-05 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -14.18 | 9.82 | - |
| 10-day Average Difference (D10) | 90.49 | 83.09 | + |
| 20-day Average Difference (D20) | 148.04 | 164.74 | - |
2. Signal Status Judgment
The current combination of mean difference change signs is (-, +, -), which constitutes an anti-decline warning (slightly bullish) signal.
3. Trend Direction Conclusion
The short-term trend is characterized by oscillations with a slight bullish bias: The directions of change in the three moving averages are not entirely consistent, meeting the criteria for an oscillating market pattern. The 10-day moving average continues to widen, indicating strong mid-term price support and overall resilience against declines, thus suggesting a generally bullish trend. On the fundamental front, MTBE prices on overseas markets have been trending upward recently, and Chinese manufacturers have continuously raised their previous quotes, providing further support for prices.
4. Positional Spatial Reference
MTBE 60-day and 3-month cycle prices are at high levels, while the 1-year cycle price is at a moderately high level. The room for further significant short-term increases is relatively limited.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
