September 18th News
[Key Insight] MTBE is currently in a volatile pattern characterized by frequent pullbacks and sideways movements. Upstream methanol costs remain firm, and strong external market prices continue to provide support. Given that prices across multiple timeframes are at historically high levels, the room for short-term upward movement is limited, making it highly probable that the overall trend will remain in a high-level range-bound fluctuation.
The latest available data is up to September 17, 2026, and it is recommended to refer to real-time data.
1. Average Difference Variation Table
| Average Difference Type | Today's Value (2026.09.17) | Yesterday's Value (2026.09.16) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -22.50 | -65.00 | + |
| 10-Day Average Difference (D10) | 79.07 | 161.01 | - |
| 20-Day Average Difference (D20) | 263.07 | 245.60 | + |
2. Signal Status Determination
The current signal is a pullback (bullish), which fits the characteristics of a bullish oscillation combination (+, -, +) in China.
3. Trend Direction Conclusion
The current trend is a bullish fluctuation. Reasons: The changes in the three averages compared to the previous day are not entirely consistent, and there has not been a clear unilateral increase or decrease signal where all three are positive or negative at the same time. Additionally, the high price of methanol upstream provides cost support, and the significant rise in the U.S. external market MTBE prices also contributes positively, leading to an overall stronger trend.
4. Positional Spatial Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with relatively limited short-term upside potential. If the peak demand for downstream gasoline blending is released subsequently, there is still a possibility of a slight increase.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
