September 22 report:
On September 21, 2026, all the period differential indicators for epichlorohydrin in China weakened synchronously. The 5-day, 10-day, and 20-day differentials all showed negative changes compared to the previous day, triggering a clear downward signal through indicator resonance. In terms of price, there was a divergence between short and long cycles. Short-term prices were at a medium-high level with limited room for increase, indicating a higher probability of downward pressure in the near term; long-term prices were at a medium-low level, preserving the potential for future increases. Overall, the short-term trend is expected to be weak.
1. Average Difference Variation Table
| Indicator | Value as of 2026-09-21 | Value as of 2026-09-20 | Direction of Change |
|---|---|---|---|
| 5-day average difference (D5) | -160 | 0 | - |
| 10-day average difference (D10) | -20 | 0 | - |
| 20-day average difference (D20) | 60 | 90 | - |
2. Signal status determination
The current situation is a clear signal of decline.
3. Trend Direction Conclusion
The trend is downward, reason: the changes in the 5-day, 10-day, and 20-day moving average differences compared to the previous day are all negative, which aligns with the rules for determining a clear downward trend using the moving average difference method.
4. Positional Space Reference
60-day and 3-month cycle prices are at moderate to high levels, with limited room for further short-term increases; 1-year cycle prices are at moderate to low levels, and there is still some room for long-term increases.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
