September 17th news
1. Average Difference Change Table
| Mean Difference Indicator | Value as of 2026-09-16 | Value as of 2026-09-15 | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 7.5 | 10.0 | - |
| 10-day Mean Difference (D10) | 10.0 | 12.5 | - |
| 20-day Mean Difference (D20) | 27.5 | 27.5 | - |
2. Signal Status Judgment
Currently, the directions of change in the three central differences are nearly identical, signaling a mild pullback (slightly bearish, with a corrective nature). Overall, the market is oscillating in a bearish direction.
3. Trend Direction Conclusion
The trend is fluctuating. Reason: The change directions of the three averages compared to the previous day are not completely consistent, which does not meet the criteria for a clear upward or downward trend. Therefore, it is judged as fluctuating, with a short-term bias towards correction. Recent spot price quotations have diverged: On September 16, 2026, the ex-factory price of melamine from Xinjiang Xinlianxin was 5,600 CNY/ton, a decrease of 100 CNY/ton from the previous quotation day; on September 15, the ex-factory price from Hebei Xinja JiuYuan was 6,100 CNY/ton, an increase of 150 CNY/ton from the previous working day. The price fluctuation directions in different regions are inconsistent.
4. Positional Spatial Reference
Over a 60-day and 3-month period, prices are in the 4th tier (mid-to-high range), limiting short-term upside potential; over a 1-year period, prices are in the 2nd tier (mid-to-low range), leaving some room for upward movement in the long term.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.