September 17th, news:
[Key Insight] In the short term, methanol is likely to exhibit a relatively strong, volatile trading pattern. While spot prices are well-supported, they remain at high levels across multiple timeframes, limiting further upside potential.
The latest available data is up to September 16, 2026, and it is recommended to refer to real-time data.
1. Mean Difference Variation Table
| Average Difference Type | Value (CNY/ton) on 2026-09-16 | Value (CNY/ton) on 2026-09-15 | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 205.00 | 87.66 | + |
| 10-day Average Difference (D10) | 86.75 | 88.51 | - |
| 20-day Average Difference (D20) | 258.87 | 251.91 | + |
2. Signal Status Judgment
The current deviation change symbol combination is (+, -, +), which belongs to a retracement (bullish) signal.
3. Trend Direction Conclusion
The short-term trend is one of volatility (leaning bullish). Reason: The directions of change in the three moving averages are not entirely consistent with the previous day, meeting the criteria for identifying volatility. The corresponding pattern suggests a pullback that leans bullish. Fundamentally, on September 16, methanol prices in Shandong generally rose by 60-65 CNY/ton. All bids in the Yulin Yankuang methanol auction were successfully awarded, reflecting strong market sentiment and providing robust support for prices.
4. Positional Spatial Reference
Methanol prices for 60-day, 3-month, and 1-year periods in China are all in the 5th tier (high), with limited room for further increases.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
