September 14 news
[Key Insight] 1,4-Butanediol is likely to maintain a volatile, consolidating trend in the short term. Downward resistance remains strong below the cost support level; however, prices at multiple timeframes are already at high levels, leaving limited room for further upward movement.
1. Mean Difference Variation Table
| Average Difference Type | Today's Value (2026-09-13) | Yesterday's Value (2026-09-12) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 0.00 | 0.00 | Flat |
| 10-day Average Difference (D10) | 17.50 | 43.33 | - |
| 20-day Average Difference (D20) | 157.91 | 152.92 | + |
2. Signal Status Determination
Volatility (no clear one-sided direction)
3. Trend Direction Conclusion
The short-term trend is one of range-bound fluctuations. Reason: The directions of change in the 5-day, 10-day, and 20-day moving averages are not entirely consistent with the previous day, meeting the criteria for identifying a range-bound trend under the moving average difference method. On the fundamental side, prices of upstream raw materials such as calcium carbide, maleic anhydride, and formaldehyde remain at high levels, providing strong cost support for 1,4-butanediol. Meanwhile, downstream sectors like PTMEG and PBT continue to maintain a rigid procurement pace, with no obvious contradictions between supply and demand at present, thus lacking any clear driver for unilateral price increases or decreases.
4. Position and Spatial Reference
1,4-butanol prices for 60-day, 3-month, and 1-year periods in China are all at the 5th level (high), with limited room for further short-term increases. There is a need to be cautious of 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.
