October 21st News
[Key Takeaway] MTBE is on a clear short-term downward trend, with prices at multi‑cycle highs, leaving ample room for further declines.
The most recent available data is up to October 20, 2026, and it is recommended to refer to real-time data.
1. Average Difference Change Table
| Mean Difference Indicator | Value on 2026-10-20 | Value on 2026-10-19 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -51.50 | -6.50 | - |
| 10-Day Mean Difference (D10) | -51.75 | -46.75 | - |
| 20-Day Mean Difference (D20) | 84.75 | 107.87 | - |
2. Signal Status Judgment
The current situation is a clear signal of decline.
3. Trend Direction Conclusion
The short-term trend is clearly downward. Reason: The three moving averages all changed in the same direction as the previous day—downward—meeting the criteria for a clear downtrend; moreover, with MTBE prices on major European and U.S. exchanges declining consecutively and producers in Shandong, China’s leading production region, cutting their quotes for several days in a row, fundamental support remains weak, further reinforcing the downward momentum.
4. Positional Spatial Reference
60 days, 3 months, and 1 year cycle prices are all in the 5th tier (high) out of 5 tiers, indicating that the overall upward potential in China has been exhausted, and there is ample room for subsequent declines.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
