October 22nd, according to reports
[Key Takeaway] In the short term, MTBE is showing a volatile but generally stronger rebound, currently trading at a cyclical high with limited room for further gains.
The most recent available data is up to October 21, 2026. It is recommended to refer to real-time data.
1. Average Difference Variation Table
| Indicator | Today’s Value (2026.10.21) | Yesterday’s Value (2026.10.20) | Direction of Change |
|---|---|---|---|
| 5-Day Moving Average Difference (D5) | -39.00 | -51.50 | + |
| 10-Day Moving Average Difference (D10) | -44.25 | -51.75 | + |
| 20-Day Moving Average Difference (D20) | 57.87 | 84.75 | - |
2. Signal Status Determination
The current signal is a strong rebound (bullish, rebound in nature).
3. Trend Direction Conclusion
The short-term trend is a choppy, slightly bullish rebound. The rationale: the 5-day, 10-day, and 20-day moving averages did not all shift in the same direction compared to the previous day, failing to meet the criteria for a clear uptrend or downtrend; overall, the market remains in a range-bound pattern. The directional combination—(+, +, −)—signals a strong rebound with a bullish bias. Fundamentally, Asian MTBE prices on the international market have been raised consecutively, and September export volumes rose 8.63% month-on-month, providing support. However, recent consecutive cuts in ex‑factory quotes by Shandong producers—the main domestic production region—and weakening overseas markets in Europe and the U.S. are exerting downward pressure.
4. Positional Space Reference
Prices across the 60-day, 3-month, and 1-year timeframes are all in the fifth tier (high levels), leaving limited room for further short-term gains.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
