September 24th report:
On September 23, 2026, the propylene oxide market in China showed a divergent trend in multiple periods, with an overall pattern of fluctuation and weakness, and a weak rebound (bearish). The short-term 5-day difference slightly recovered and rose, but the 10-day and 20-day differences both declined. The indicators failed to form a synchronized trend, and there was no clear one-sided rise or fall in the market. At the same time, the long-term price of the product remained in a mid-to-high range, with insufficient upward momentum and limited upside space, and the overall bearish sentiment still dominated the market.
1. Mean Difference Variation Table
| Difference Type | Today’s Value (2026.09.23) | Yesterday’s Value (2026.09.22) | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -433.33 | -620.00 | + |
| 10-Day Difference (D10) | -250.00 | -136.66 | - |
| 20-Day Difference (D20) | 548.33 | 671.66 | - |
2. Signal status determination
The current mean difference change symbol combination is (+, -, -), corresponding to a weak rebound (bearish) signal.
3. Trend Direction Conclusion
The current price trend is oscillating.
Reason: The changes in the three differences compared to the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend. Therefore, it is in a fluctuation range, with the overall trend being bearish.
4. Positional Space Reference
The prices of propylene oxide for 60-day, 3-month, and 1-year periods in China are all at a medium-high level, corresponding to the 4th tier out of 5, with limited room for further increase.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
