September 21st, news:
The latest available data is up to September 20, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
2. Signal status judgment
The current situation is a mild correction under a volatile signal (bearish, corrective in nature).
3. Trend Direction Conclusion
The short-term trend is range-bound, for the following reasons: the three moving averages show divergent directions (–, –, +), failing to align and thus lacking a clear unidirectional upward or downward momentum. From a fundamental perspective, upstream propylene prices have been supported by cost factors at elevated levels; Chinese acrylonitrile producers’ inventories remain generally manageable, and August’s apparent consumption rose 10.1% month-on-month, providing demand-side support. However, August exports plunged 63.76% month-on-month, while capacity utilization on the supply side edged up slightly. With these conflicting forces offsetting one another, prices are likely to trade in a volatile, corrective pattern.
4. Positional Space Reference
Acrylonitrile 60-day cycle price is at the 3rd level (medium), and the 3-month and 1-year cycle prices are at the 4th level (medium-high), with relatively limited short-term upside potential.
5. Trend chart display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
