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Home > News > Price Trends > Business Society October 16, 2026 LLDPE Trend Analysis: Mild Correction

Business Society October 16, 2026 LLDPE Trend Analysis: Mild Correction

ECHEMI 2026-10-16

October 16th, Xinhua News Agency reported

The latest available LLDPE data for China is up to October 15, 2026. It is recommended to refer to real-time data.

1. Average Difference Change Table

Mean Difference Indicator Value as of 2026.10.15 Value as of 2026.10.14 Direction of Change
5-day Mean Difference (D5) -30.34 45.33 -
10-day Mean Difference (D10) 182.17 238.33 -
20-day Mean Difference (D20) 210.75 194.75 +

2. Signal status determination

Currently, this is a moderate pullback (bearish, corrective in nature) signal.

3. Trend direction conclusion

The trend is oscillating. Reason: The change direction of the 5-day, 10-day, and 20-day moving averages compared to the previous day is (-, -, +). The change directions of the three are not entirely consistent, which fits the characteristics of an oscillating trend, indicating a mild correction phase with a slightly bearish attribute.

4. Positional Space Reference

LLDPE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with limited room for further increases.

5. Trend chart display

6. Risk Warning

The above analysis is for reference only and does not constitute trading advice.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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