October 8th News
On October 7, 2026, the propylene oxide market in China maintained an overall volatile and bullish, strong consolidation pattern. The multi-period average differences of the indicators have generally improved, with the 10-day and 20-day average differences continuing to rise, while the 5-day average difference remained stable, highlighting the resilience of the bulls. In terms of price, all periods were positioned in the middle, with the three-month cycle price at a medium-high level. The short-term market had a relatively balanced fluctuation range, and the space for further significant increases was limited. It is likely that the market will continue to operate in a strong and volatile manner.
1. Mean Difference Change Table
| Difference Type | Today’s Value (2026-10-07) | Yesterday’s Value (2026-10-06) | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 0 | 0 | Flat |
| 10-Day Difference (D10) | 16.67 | 6.67 | Up |
| 20-Day Difference (D20) | -283.34 | -335.00 | Up |
2. Signal Status Determination
Currently, this is a strong consolidation signal within a ranging market (leaning bullish).
3. Trend direction conclusion
The current trend in propylene oxide prices in China is fluctuating (with a bullish bias). Reason: The directions of the three average differences compared to the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend, thus it is judged as fluctuating; among them, the 10-day and 20-day average differences have increased from yesterday, while the 5-day average difference remains unchanged, fitting the characteristics of a strong consolidation (with a bullish bias) within the fluctuation.
4. Positional Space Reference
The 60-day cycle price of propylene oxide is at a moderate level, the 3-month cycle price is at a moderately high level, and the 1-year cycle price is at a moderate level. The overall room for increase or decrease is relatively balanced, and under the 3-month cycle, it is at a moderately high level, with limited space for further significant upward movement.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
