October 9th News
1. Mean Deviation Change Table
| Average Difference Indicator | Today’s Value (2026.10.08) (CNY/ton) | Yesterday’s Value (2026.10.07) (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 40.00 | 0.00 | + |
| 10-Day Average Difference (D10) | 11.25 | 12.50 | - |
| 20-Day Average Difference (D20) | 25.62 | 18.75 | + |
2. Signal Status Determination
Currently, the market is in a choppy phase, with a pullback (leaning bullish).
3. Trend Direction Conclusion
The short-term trend is oscillating (with a bullish bias). Reason: The three mean differences did not all change in the same direction as the previous day, so they do not meet the criteria for a clear uptrend or downtrend; therefore, the overall trend is one of range-bound fluctuation. The sequence of sign changes in the mean differences is (+, −, +), corresponding to a pullback pattern that leans bullish.
4. Location and Spatial Reference
The current PP price for 60 days, 3 months, and 1 year periods in China are all in the 5th tier (high), 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.
