October 13th, according to reports
1. Average Difference Change Table
| Mean Difference Indicator | Value on 2026-10-12 | Value on 2026-10-11 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -12.50 | 10.00 | - |
| 10-Day Mean Difference (D10) | 0.00 | 1.25 | - |
| 20-Day Mean Difference (D20) | 8.12 | 13.12 | - |
2. Signal Status Judgment
Clearly identify a downtrend signal
3. Trend Direction Conclusion
The short-term trend is clearly downward, for the following reasons: the 5-day, 10-day, and 20-day moving averages all changed in the same direction as the previous day—downward—consistent with the moving-average method’s criteria for identifying a clear downtrend. Meanwhile, major producers such as Hualu Hengsheng and Hebei Xinji Jiuyuan have recently lowered their ex‑factory prices, further confirming the downward trend.
4. Positional Space Reference
Over the past 60 days and on a three-month cycle, prices are in the fifth tier (high range), leaving ample room for a short-term pullback.
The 1-year price is in the second tier (mid-to-low range), suggesting limited room for a prolonged decline.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
