September 18th, according to reports
1. Average Difference Change Table
| Mean Difference Indicator | Value as of 2026-09-17 | Value as of 2026-09-16 | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 5.00 | 7.50 | - |
| 10-day Mean Difference (D10) | 7.50 | 10.00 | - |
| 20-day Mean Difference (D20) | 27.50 | 27.50 | - |
2. Signal Status Determination
Moderate pullback (bearish, pullback nature)
3. Trend Direction Conclusion
Volatility. Reason: The 5-day moving average difference and the 10-day moving average difference both declined compared to the previous day, while the 20-day moving average difference remained unchanged from the previous day. The directions of change among these three indicators are not fully aligned, meeting the criteria for identifying volatility. Looking at spot market quotes from manufacturers, price movements across different regions are mixed—Xinjiang Xin Lian Xin lowered its quote by 100 CNY/ton, Shaanxi Longhua reduced its quote by 400 CNY/ton, and Hebei Xinzhi Jiuyuan raised its quote by 150 CNY/ton. There is no clear unidirectional trend, indicating that the current phase is a bearish correction.
4. Positional Spatial Reference
Over a 60-day and 3-month period, the melamine price is in the 4th tier (mid-to-high range) of the 5-tier scale, with limited room for short- to medium-term increases; over a 1-year period, the price is in the 2nd tier (mid-to-low range) of the 5-tier scale, with limited room for long-term declines.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
