September 18th News
Today, the average spot price of phenol in China is 9,325 CNY/ton, an increase of 300 CNY/ton from the previous trading day. Based on the mean difference method, the current operating signal is a pullback (bullish), with prices at a high level within the recent 1-year cycle. In the short term, the market is expected to show a strong fluctuation trend. Below are the detailed analysis contents:
Data Explanation
The most recent available data is up to September 17, 2026. It is recommended to refer to real-time data.
1. Average Deviation Change Table
| Mean Difference Indicators | Today (2026.09.17) Value | Yesterday (2026.09.16) Value | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 90 | -270 | + |
| 10-day Mean Difference (D10) | 60 | 212 | - |
| 20-day Mean Difference (D20) | 423 | 391.75 | + |
2. Signal status judgment
When the combination of the three current central differences is (+, -, +), the corresponding signal is a pullback (slightly bullish).
3. Trend Direction Conclusion
The current price trend is oscillating (with a bullish bias). Reason: The change in the difference between the 5-day, 10-day, and 20-day moving averages compared to the previous day is not entirely consistent, which meets the criteria for an oscillating trend. Additionally, there is a bullish retracement signal, indicating overall strength in the market.
4. Position Space Reference
60-day and 3-month cycles: The price is at the 5th level (high), with limited short-term upside potential;
1 year cycle: The price is in the 4th tier (mid-high), and there are still fundamentals for it to remain at a high level in the medium to long term.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
