October 19th, according to reports
[Key Takeaway] In the short term, MTBE is trading in a choppy pullback pattern, with prices across multiple timeframes remaining at historically high levels. Downward price adjustments by Chinese producers are clashing with upstream cost‑driven support, leaving both bullish and bearish forces relatively balanced and limiting the potential for significant near-term moves.
The latest available data is up to October 18, 2026. It is recommended to refer to the real-time data.
1. Average Difference Change Table
| Difference Type | Value on October 18, 2026 | Value on October 17, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -30.00 | -47.50 | + |
| 10-Day Difference (D10) | -38.75 | -10.00 | - |
| 20-Day Difference (D20) | 122.50 | 117.50 | + |
2. Signal Status Determination
Pullback (slightly bullish).
3. Trend Direction Conclusion
Market volatility. Reason: The three moving averages did not all change in the same direction as the previous day, failing to meet the criteria for a clear uptrend or downtrend; thus, the market is exhibiting choppy, range-bound movement. The signal combination (+, −, +) corresponds to a pullback rally with a bias toward bullishness. On the fundamentals front, MTBE producers in Shandong have recently cut their quotes consecutively, while Asian and European/U.S. benchmark prices have also declined in tandem, putting downward pressure on prices. However, upstream methanol prices remain supported, and downstream gasoline blending demand remains steady. Amid competing bullish and bearish forces, no clear unidirectional trend has yet emerged.
4. Positional Space Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with limited room for further increases. The downside is supported by upstream raw material costs and rigid demand, narrowing the scope of any potential decline.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
