September 16 news
[Key Insight] In the short term, MTBE is in a moderately bearish oscillating pattern characterized by a mild pullback. Prices across multiple timeframes remain at high levels with limited room for further increases; therefore, caution is advised regarding the risk of a high-level correction.
1. Average Difference Change Table
| Average Difference Type | Today's Value (2026.09.15) | Yesterday's Value (2026.09.14) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -85.00 | -80.12 | - |
| 10-Day Average Difference (D10) | 244.60 | 267.06 | - |
| 20-Day Average Difference (D20) | 228.35 | 209.98 | + |
2. Signal Status Determination
The current average difference change combination is (-, -, +), which belongs to a mild correction (biased bearish, corrective nature) signal.
3. Trend Direction Conclusion
The short-term trend is oscillating (with a bearish bias). Reason: The changes in the three averages compared to the previous day are not completely in the same direction, which does not meet the criteria for a clear upward or downward trend, thus it is judged as an oscillating trend. Additionally, with the decrease in Asian MTBE overseas prices, and the lack of follow-up demand after the previous price surge in China, manufacturers' quotations are fluctuating slightly, indicating a slight downward adjustment in the short term.
4. Positional Spatial Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (the highest 20% range within the cycle), at a high level. The short-term upside potential is very limited, and the pressure for a pullback from the high levels is gradually building up.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
