October 16th News
Key Takeaway: In the short term, MTBE is likely to experience a mild corrective pullback amid bearish volatility. Consecutive price cuts by Chinese refineries, coupled with weak demand for gasoline blending components, limit upside potential at current elevated levels, leaving downward pressure persisting in the near term.
1. Average Difference Change Table
| Difference Type | Value as of 2026.10.15 (Today) | Value as of 2026.10.14 (Yesterday) | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -30.00 | -20.00 | - |
| 10-Day Difference (D10) | 75.00 | 116.25 | - |
| 20-Day Difference (D20) | 92.50 | 76.87 | + |
The most recent available data is up to October 15, 2026. It is recommended to refer to real-time data.
2. Signal Status Judgment
The current signal is a moderate pullback (biased towards bearish, of a corrective nature).
3. Trend Direction Conclusion
The current trend is oscillating (with a bearish bias), reasons: the direction of change in the three averages compared to the previous day is not entirely consistent, not meeting the criteria for a clear uptrend or downtrend. The change combination is (-, -, +), which aligns with the characteristics of a mild correction with a bearish bias; in the short term, MTBE production enterprises in Shandong, China, have continuously reduced their quotations, and the demand for gasoline blending is weak. Prices in the external markets of Europe and America continue to decline, with only a slight increase in the Asian external market providing limited support. Overall, this is a corrective trend following a period of high prices.
4. Location and Spatial Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with very limited short-term upside potential, and there is still some room for a pullback subsequently.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
