September 11th, news:
1. Average Difference Change Table
| Average Deviation Type | Today’s Value (2026.09.10) | Yesterday’s Value (2026.09.09) | Direction of Change |
|---|---|---|---|
| 5-day Average Deviation (D5) | 216.80 | 94.55 | + |
| 10-day Average Deviation (D10) | 48.50 | 46.62 | + |
| 20-day Average Deviation (D20) | 123.89 | 87.50 | + |
2. Signal Status Determination
The current situation is a clear signal of an increase in China.
3. Trend Direction Conclusion
The current PTA price trend is clearly upward. Reasons: The 5-day, 10-day, and 20-day average differences compared to the previous day are all positive and consistent in direction (all positive), meeting the criteria for a clear upward trend according to the average difference method. Additionally, there is fundamental support: the upstream PX prices have been rising continuously recently, providing strong cost support; at the same time, multiple PTA units in China have been operating at reduced loads, with some units facing difficulties in restarting, leading to expectations of tighter supply, which further supports the upward price trend.
4. Location and Spatial Reference
PTA current 60-day, 3-month, and 1-year cycle prices are all at high levels, corresponding to the 5th tier of the 5-tier scale, with limited upside potential.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
