October 23rd report:
[Key Takeaway] In the short term, MTBE is showing a strong rebound and trading in a bullish‑biased range, while multi‑timeframe analysis indicates prices remain at elevated levels with limited upside potential.
1. Average Difference Change Table
| Difference Type | Today’s Value (2026-10-22) | Yesterday’s Value (2026-10-21) | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | -26.50 | -39.00 | + |
| 10-Day Difference (D10) | -41.75 | -44.25 | + |
| 20-Day Difference (D20) | 36.00 | 57.87 | - |
2. Signal Status Determination
The three‑point difference’s directional combination relative to the previous day is (+, +, -), which constitutes a strong rebound signal (bullish, indicating a rebound).
3. Trend Direction Conclusion
The short-term trend is range-bound (slightly bullish). Reason: The directional changes in the 5-day, 10-day, and 20-day moving averages are not entirely consistent with the previous day, failing to meet the criteria for a clear uptrend or downtrend. Instead, they align with the strong rebound (slightly bullish) pattern characteristic of range-bound markets under the moving-average method. Additionally, September MTBE export volumes rose 8.63% month-over-month and 33.64% year-over-year, providing some support to prices. Recently, Chinese producers have been posting mixed price quotes, with no clear unidirectional trend driving the market at this time.
4. Positional Space Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with limited short-term upside potential.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
