October 15th, news
On October 14, 2026, the propylene oxide spread combination showed (‑, +, +), signaling a strong consolidation with a bullish bias, and the overall market trend was a bullish fluctuation; the 10-day and 20-day spreads continued to rise, indicating a strong short-term trend. The 60-day and 3-month cycle prices have reached high levels, with limited short-term upside potential. The one-year cycle is in a mid-to-high range, still showing volatility. Upstream propylene at high levels has formed cost support, and factory quotations have been continuously raised, with normal market transactions.
1. Average Difference Variation Table
| Average Difference Type | Value as of 2026.10.14 (CNY/ton) | Value as of 2026.10.13 (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 140.00 | 240.00 | - |
| 10-Day Average Difference (D10) | 293.33 | 273.33 | + |
| 20-Day Average Difference (D20) | 176.67 | 121.67 | + |
2. Signal status judgment
The current mean difference change combination is (-, +, +), which is a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
The current price trend is oscillating (with a bullish bias). Reason: The direction of change in the three averages compared to the previous day is not entirely consistent, which meets the criteria for an oscillating trend. At the same time, the 10-day and 20-day averages continue to rise, indicating a stronger short-term trend.
4. Positional Space Reference
60-day and 3-month propylene oxide prices are in the 5th tier (high), with limited short-term upside potential; 1-year cycle prices are in the 4th tier (upper-middle), with some room for fluctuation in the medium term. Upstream propylene prices are currently high, providing strong cost support for propylene oxide. Recently, factory quotations have been continuously raised, and transactions have been normal.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
