October 12th News
On October 11, 2026, the epichlorohydrin market exhibited a generally volatile yet bullish, strongly consolidating trend. On the technical front, the short-term 5-day and 10-day moving average divergences remained stable, while the 20-day moving average divergence continued to narrow in negative territory, signaling a gradual weakening of medium- to long-term downward momentum and steadily strengthening support at the market’s bottom. Fundamentally, upstream propylene prices remain at historically high levels, providing robust cost‑side support for the market. In terms of price dynamics, the commodity is trading around the mid‑range in the short to medium term and at a moderately low level over the longer term, with overall valuations remaining relatively subdued. There are currently no clear directional trends in the near term, and downside room over the medium to long term is limited, leaving room for potential valuation repair. Overall, the market is expected to remain volatile but tilted toward the upside.
1. Average Difference Change Table
| Mean Difference Indicator | Today’s Value (2026.10.11) | Yesterday’s Value (2026.10.10) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference | 0 | 0 | Flat |
| 10-Day Mean Difference | 0 | 0 | Flat |
| 20-Day Mean Difference | -10 | -20 | Up |
2. Signal Status Determination
The current signal is consolidation (strong consolidation, bullish) in China.
3. Trend Direction Conclusion
The trend is oscillating, with a bias towards bullish.
Reason: The 5-day, 10-day, and 20-day differences did not completely align in their directional changes compared to the previous day, failing to meet the criteria for a clear upward or downward trend. Therefore, it is judged to be a fluctuating trend. Among these, the 20-day difference narrowed from -20 to -10, indicating a continuous weakening of long-term downward momentum. Coupled with the fact that the price of propylene, an upstream raw material, is at a historically high level, there is strong support from the cost side, leading to an overall bias towards a bullish trend.
4. Positional Space Reference
Epichlorohydrin prices over a 60-day and 3-month period are at a moderate level, while the 1-year period price is at a moderately low level; there is no clear unilateral upward or downward trend in the short term, but in the long term, the downside is limited, and there is a possibility of valuation recovery.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
