October 23rd, Xinhua News Agency reported
1. Mean Difference Change Table
| Average Difference Type | Value on 2026-10-22 | Value on 2026-10-21 | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | 146.4 | 139.6 | + |
| 10-Day Average Difference (D10) | -16.0 | -46.6 | + |
| 20-Day Average Difference (D20) | -38.4 | -24.5 | - |
2. Signal Status Determination
The current signal is a strong rebound (bullish, of a rebound nature).
3. Trend Direction Conclusion
The short-term price trend is range-bound. Reason: The three moving averages showed the following day-over-day changes (+, +, -), which are not entirely consistent and do not meet the criteria for a clear upward or downward move; therefore, the trend is classified as ranging.
4. Location and Spatial Reference
Styrene prices for 60-day, 3-month, and 1-year cycles in China are all at the 5th level (high position), with limited room for further increases.
5. Trend Chart Display
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
