September 24th report:
[Key Takeaway] In the short term, MTBE is exhibiting a choppy, bearish rebound; it currently trades near the upper end of its multi‑cycle range, leaving limited room for further gains. Meanwhile, upstream methanol costs continue to provide support, making a sharp downside move unlikely.
The most recent available data is up to September 23, 2026, and it is recommended to refer to real-time data.
1. Average Difference Variation Table
| Difference Type | Value on 2026.09.23 | Value on 2026.09.22 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 39.50 | 43.50 | - |
| 10-Day Difference (D10) | 15.25 | -10.50 | + |
| 20-Day Difference (D20) | 132.26 | 167.56 | - |
2. Signal Status Determination
Currently, this is a pullback (bearish‑biased) signal within a ranging market.
3. Trend Direction Conclusion
The short-term trend is choppy (bearish).
Reason: The changes in the 5-day, 10-day, and 20-day averages compared to the previous day are not completely consistent, which meets the criteria for a fluctuating market under the average difference method. The combination of signs is (-, +, -), indicating a bearish rebound signal. From a fundamental perspective, although MTBE manufacturers in Shandong, China, have slightly increased their quotations recently, the overall external market has weakened, with exports in August down 13.51% month-over-month. The demand side support is weak, and the overall trend is oscillating and bearish.
4. Positional Space Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high) out of 5 tiers, with extremely limited short-term upside potential, and there is some pressure for a subsequent correction.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
