September 14 news
[Key Insight] In the short term, MTBE is likely to exhibit a strong, consolidating, and predominantly volatile trading pattern. Downward resistance is significant, supported by manufacturers’ price-stabilizing efforts and stronger external market conditions. However, prices at multiple timeframes remain at high levels, leaving limited room for further upward movement.
1. Mean Difference Change Table
| Average Difference Type | Today's Value (2026-09-13) | Yesterday's Value (2026-09-12) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 169.76 | 285.64 | - |
| 10-day Average Difference (D10) | 242.02 | 187.48 | + |
| 20-day Average Difference (D20) | 195.06 | 185.69 | + |
2. Signal Status Determination
Volatility (strong consolidation, slightly bullish)
3. Trend Direction Conclusion
The short-term trend is characterized by volatile but bullish movement. The rationale: The combination of changes in the 5-day, 10-day, and 20-day moving averages compared to the previous day is (-, +, +), which aligns with the strong consolidation (slightly bullish) oscillation signal identified by the moving average difference method. On the fundamental side, since September, MTBE producers in Shandong have continuously raised their ex-factory prices for several days in a row. Meanwhile, MTBE prices on the international market have generally remained strong, and manufacturers are highly reluctant to lower prices, creating significant resistance to downward price movements.
4. Positional Spatial Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with limited room for further short-term increases. Caution is needed against the risk of a high-level correction.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
