October 13th, news from China
1. Mean Difference Change Table
| Mean Difference Indicator | Today’s Value (2026.10.12) | Yesterday’s Value (2026.10.11) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 150.00 | 186.66 | - |
| 10-Day Mean Difference (D10) | 225.00 | 165.00 | + |
| 20-Day Mean Difference (D20) | 205.00 | 190.00 | + |
2. Signal Status Judgment
The current mean difference change symbol combination is (－, ＋, ＋), which belongs to a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
The current trend of ABS prices in China is volatile. Reason: The three consecutive differences in price did not all move in the same direction as the previous day, failing to meet the criteria for a clear upward or downward trend; therefore, the market is classified as range-bound. On the supply side, China’s key ABS production facilities are currently operating at relatively low capacity utilization—Tianjin Dagou at 50% and Jihua Jieyang at 80%—providing some support to prices.
4. Positional Spatial Reference
60-day cycle: at a high level, with significant short-term upward resistance. * 3-month cycle: At a high level, with limited short-term upside potential. * 1-year cycle: Positioned at a mid-to-high level, with relatively balanced upside and downside potential over the medium to long term.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
