October 21st, According to reports
This report, based on the analysis of average difference method and combined with the latest spot price data, shows that the diesel market trend in China is as follows: On October 20, 2026, the combination of the average difference for diesel spot prices was (-, +, +), indicating a strong consolidation (biased towards bullish) in a volatile market. The current price is at a high level within the past year, with limited room for further increases. The global tight supply of diesel, along with geopolitical tensions in the Middle East and supply adjustments in multiple countries, continues to influence the trend of diesel prices.
1. Average Deviation Change Table
| Indicator Name | Value as of October 20, 2026 | Value as of October 19, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Moving Average (D5) | 106.57 | 147.42 | - |
| 10-Day Moving Average (D10) | 57.89 | 42.79 | + |
| 20-Day Moving Average (D20) | -8.82 | -26.78 | + |
2. Signal Status Judgment
The current deviation change combination is (-, +, +), which is a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
The current market trend is volatile (with a bullish bias). The reason is that the change in direction of the 5-day, 10-day, and 20-day moving averages compared to the previous day is not completely consistent, which does not meet the requirement for a clear upward or downward trend where all three moving averages move in the same direction. Therefore, it is determined to be a volatile market, corresponding to a strong consolidation pattern, with a bullish bias.
4. Position Space Reference
The current diesel price in China is at the 5th tier (high) for the 60-day, 3-month, and 1-year periods, with limited room for further increases.
5. Trend chart display
Data Explanation
The most recent available data is up to October 20, 2026, and it is recommended to refer to real-time data.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
