September 20 news
1. Average Difference Variation Table
| Mean Difference Indicator | Value as of 2026-09-19 | Value as of 2026-09-18 | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 0.00 | 2.50 | - |
| 10-day Mean Difference (D10) | 6.25 | 6.25 | Flat |
| 20-day Mean Difference (D20) | 23.75 | 26.25 | Downward |
2. Signal Status Determination
The current three deviations are showing two negatives and one neutral, with no completely matching standard signal combinations, presenting a generally bearish oscillation characteristic.
3. Trend Direction Conclusion
The current melamine price in China is showing a fluctuating trend. The reason is that the change directions of the 5-day, 10-day, and 20-day moving averages compared to the previous day are not completely consistent, which does not meet the criteria for a clear upward or downward trend. Among them, the short-term moving averages are trending more downwards, indicating an overall bearish trend.
4. Positional Spatial Reference
Melamine 60-day and 3-month cycle prices are in the 4th tier (moderately high), with limited room for short-term increases; the 1-year cycle price is in the 2nd tier (moderately low), with limited room for medium- to long-term decreases.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.