September 21 report:
[Key Takeaway] In the short term, MTBE is showing a weak rebound with a bearish bias, while prices across multiple timeframes remain at elevated levels, leaving limited room for further upside.
The latest available MTBE price data in China is up to September 20, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
| Difference Type | Value on 2026.09.20 | Value on 2026.09.19 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -7.50 | -12.50 | + |
| 10-Day Difference (D10) | -51.25 | -33.81 | - |
| 20-Day Difference (D20) | 251.23 | 274.51 | - |
2. Signal Status Determination
Currently, this is a weak rebound (bearish) signal.
3. Trend Direction Conclusion
Oscillating with a bearish bias. Reason: The changes in the three averages compared to the previous day are (+, -, -), not completely consistent, overall within an oscillation range, fitting the characteristics of a weak rebound with a bearish signal; fundamentally, although enterprises in Shandong region slightly increased their quotes on September 20, the recent continuous weakness in the Asian MTBE prices, and the lack of significant increase in downstream gasoline blending demand, suggest a higher probability of a short-term weak trend.
4. Positional Space Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), and the current price is in the high range, with limited room for increase and a need for a correction.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
