October 9th News
1. Average Difference Variation Table
| Average Difference Indicator | Value Calculated on October 8 | Value Calculated on October 7 | Direction of Change Compared to Previous Day |
|---|---|---|---|
| 5-Day Average Difference (D5) | 50 CNY/ton | 37 CNY/ton | + |
| 10-Day Average Difference (D10) | 58 CNY/ton | 46 CNY/ton | + |
| 20-Day Average Difference (D20) | 62 CNY/ton | 54 CNY/ton | + |
2. Signal Status Judgment
Three differences are all positive and consistent in direction with the previous day, indicating a clear upward signal.
3. Trend Direction Conclusion
The current PTA price is in a clear upward trend. Reason: The changes in the 5-day, 10-day, and 20-day moving average differences from the previous day are all positive, fully consistent with the rules for a clear upward trend as determined by the moving average difference method, indicating sufficient short-term upward momentum.
4. Positional Space Reference
The current PTA spot price is 5930 CNY/ton, which is in the 4th tier (mid-high level, corresponding to the 60%-80% quantile) of the price fluctuation range (4850-6200 CNY/ton) over the past year (2025.10-2026.10) in China. The remaining upward space is about 4.5%, and the downward adjustment space is about 18.2%. The short-term upward space has narrowed, and caution is needed when chasing higher prices.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
