September 24th report:
The latest available PP (fiber) data for China is up to September 23, 2026. It is recommended to refer to real-time data.
1. Mean Difference Change Table
| Average Difference Indicator | Today’s Value (2026.09.23) (CNY/ton) | Yesterday’s Value (2026.09.22) (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -7.5 | -10.0 | + |
| 10-Day Average Difference (D10) | 20.0 | 50.0 | - |
| 20-Day Average Difference (D20) | 225.0 | 227.5 | - |
2. Signal Status Judgment
The current average difference change combination is (+, -, -), which belongs to a weak rebound (bearish) signal.
3. Trend Direction Conclusion
The current price trend is range-bound. Reason: The changes in the three differences from the previous day are not completely consistent, and do not meet the criteria for a clear upward or downward trend. Therefore, it is judged to be a fluctuating trend.
4. Position Space Reference
PP (fiber) 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high position) of the 5-tier system, with limited room for further increases.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
