October 28th News
Key Takeaway: In the short term, MTBE is likely to trade in a bearish‑biased range. Prices in China’s major producing regions have been broadly cut, demand remains weak, and prices are already at cyclical highs, leaving limited room for further gains.
1. Average Difference Change Table
The latest available data up to October 27, 2026, the mean difference is calculated as follows:
| Average Difference Type | Value on 2026-10-27 | Value on 2026-10-26 | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -36.00 | 26.50 | - |
| 10-Day Average Difference (D10) | -7.75 | -11.50 | + |
| 20-Day Average Difference (D20) | -50.63 | -36.25 | - |
2. Signal Status Judgment
The three differences do not all change in the same direction as the previous day, indicating a rebound (bearish) oscillation signal.
3. Trend Direction Conclusion
The short-term trend is biased towards being bearish, for the following reasons:
On the Mean Difference Front: Both short- and long-term mean differences weakened compared to the previous day, with only the medium-term mean difference showing a slight recovery. Overall price momentum remains bearish, consistent with the criteria for a range-bound, bearish market.
Fundamental level: MTBE producers in Shandong's main production area have generally lowered their quotations by 50-120 CNY/ton. China's gasoline blending demand has entered the off-season, with insufficient support from the spot market. The rise in foreign markets has not yet been transmitted to China's spot market.
4. Positional Space Reference
MTBE 60-day, 3-month, and 1-year cycle prices are all in the 5th tier (high), with limited room for further increases. If demand remains weak, there is a possibility of further price corrections.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice. It is recommended to refer to real-time data for subsequent actions.
