October 14th report:
1. Average Difference Change Table
| Mean Difference Indicator | Value on 2026-10-13 | Value on 2026-10-12 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -20.00 | -12.50 | - |
| 10-Day Mean Difference (D10) | -2.50 | 0.00 | - |
| 20-Day Mean Difference (D20) | 5.00 | 8.12 | - |
2. Signal Status Judgment
Clearly identify a downtrend signal
3. Trend Direction Conclusion
The short-term trend is clearly downward, as the changes in the 5-day, 10-day, and 20-day moving averages compared to the previous day are all consistently negative, meeting the criteria for a clear downward trend. Recently, major melamine manufacturers in China have generally lowered their quotations, which also confirms the current weakening trend in prices.
4. Positional Space Reference
The current melamine price in China is at the 5th level (high) for both the 60-day and 3-month periods, with limited short-term upside potential; for the 1-year period, it is at the 2nd level (mid-low), indicating some room for upward movement in the medium to long term.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
