October 13th, according to reports
1. Mean Deviation Change Table
| Average Difference Indicator | Today’s Value (2026.10.12) (CNY/ton) | Yesterday’s Value (2026.10.11) (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 162.50 | 225.00 | - |
| 10-Day Average Difference (D10) | 200.00 | 143.75 | + |
| 20-Day Average Difference (D20) | 121.25 | 95.62 | + |
2. Signal Status Judgment
The current combination of sign changes in the divided differences is (–, +, +), which constitutes a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
The current PP price trend in China is volatile. Reason: The changes in the three differences compared to the previous day are not entirely consistent, which does not meet the criteria for a clear upward or downward trend, and therefore it is judged as a fluctuating trend. On the supply side, the 300,000 tons/year PP unit of Shandong Luqing and the 400,000 tons/year PP unit of Donghua Energy (Maoming) have recently shut down, reducing the supply of goods, which provides some support to prices.
4. Location and Spatial Reference
Prices across the 60-day, 3-month, and 1-year timeframes are all at elevated levels, with limited short-term upside potential and significant resistance to further gains.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
