September 20th, news
[Key Takeaways] 1,4-Butanediol is trading in a choppy range in the short term and currently sits at a multi‑timeframe high, leaving limited room for further gains. Supported by elevated upstream feedstock prices, downside pressure remains muted in the near term.
The most recent available data is up to September 19, 2026, and it is recommended to refer to real-time data.
1. Average Difference Variation Table
| Average Difference Type | Today’s Value (CNY/ton) | Yesterday’s Value (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference | 0.00 | 0.00 | Unchanged |
| 10-Day Average Difference | 170.00 | 212.50 | - |
| 20-Day Average Difference | 191.25 | 187.08 | + |
2. Signal Status Judgment
The current three deviations are not entirely consistent in their direction of change, belonging to a neutral oscillation range.
3. Trend Direction Conclusion
The current trend is range-bound, for the following reason: the three moving averages did not all shift in the same direction compared to the previous day, failing to meet the criteria for a clear upward or downward move. Fundamentally, upstream raw material prices—such as calcium carbide, maleic anhydride, and formaldehyde—remain at elevated levels, providing strong cost‑side support. Meanwhile, downstream sectors like PTMEG and PBAT exhibit stable, rigid demand, with no significant positive or negative catalysts driving unidirectional price movements. Amid this supply‑demand tug‑of‑war, the market is likely to remain volatile in the short term.
4. Positional Spatial Reference
1,4-butanediol 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high position) out of 5 tiers, with limited short-term upside potential.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
