September 11 news
[Key Insight] MTBE is showing a clear upward trend in the short term, supported by consecutive price hikes from Chinese manufacturers. However, prices are currently at a high level across multiple cycles, leaving limited room for further increases.
1. Mean Difference Variation Table
| Indicator | Today’s Value (2026.09.10) | Yesterday’s Value (2026.09.09) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 254.80 | 79.60 | + |
| 10-day Average Difference (D10) | 64.51 | 48.71 | + |
| 20-day Average Difference (D20) | 147.44 | 127.14 | + |
2. Signal Status Judgment
Three differences all changed in the same positive direction compared to the previous day, which is a clear signal of an increase.
3. Trend Direction Conclusion
The short-term trend is clearly upward.
Reason: The changes in the 5-day, 10-day, and 20-day moving averages are all synchronized and upward compared to the previous day, meeting the criteria for a clear upward trend. From a fundamental perspective, MTBE producers in Shandong, China, have been continuously raising their quotes. The strong upstream methanol prices support the cost end, and the EIA's upward revision of international oil price expectations, along with improved gasoline blending demand, provide strong support for MTBE prices.
4. Position Spatial Reference
The current 60-day, 3-month, and 1-year cycle prices of MTBE in China are all in the 5th tier (high position), and there is limited room for further short-term increases.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
