October 22nd, according to reports
On October 21, the propylene oxide market in China showed a volatile and bearish trend. The combination of mean difference indicators (−, +, −) was identified as a rebound (bearish) signal. The directions of the three mean differences were not consistent, indicating that the market was in a rebound phase within a volatile period. Currently, the price over a 1-year cycle is in the mid-high range, with relatively limited room for further upward movement.
1. Mean Difference Variation Table
| Mean Difference Indicator | Value as of October 21, 2026 | Value as of October 20, 2026 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 0 | 120 | - |
| 10-Day Mean Difference (D10) | -60 | -70 | + |
| 20-Day Mean Difference (D20) | 261.67 | 281.67 | - |
2. Signal status determination
The current signal combination is (-, +, -), which belongs to the rebound (bearish) type.
3. Trend Direction Conclusion
The current price trend of propylene oxide in China is fluctuating (with a bearish bias). Reason: The changes in the three averages compared to the previous day are negative, positive, and negative, respectively, which are not completely consistent and do not meet the criteria for a clear upward or downward trend. This indicates a rebound within a fluctuating trend with a bearish bias.
4. Positional Space Reference
The price of propylene oxide in China is in the mid-high range (4th tier, 60%-80% of historical price range), with relatively limited room for further increases.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
