October 30th News
Key Takeaway: In the short term, MTBE prices are exhibiting a weak rebound amid volatile, bearish sentiment. Currently at elevated levels, upside potential is limited. Consecutive price cuts in China’s major producing regions, coupled with a weakening Asian market on the international front, are weighing on prices in the near term.
Note: The latest available data is up to October 29, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
| Difference Type | Today’s Value (2026.10.29) | Yesterday’s Value (2026.10.28) | Direction of Change |
|---|---|---|---|
| 5-Day Difference | -36.00 | -48.50 | + |
| 10-Day Difference | -9.50 | -9.00 | - |
| 20-Day Difference | -63.88 | -61.88 | - |
2. Signal Status Determination
The current deviation change direction combination is (+, -, -), which is a weak rebound (bearish) signal.
3. Trend Direction Conclusion
The current price trend is oscillating (with a bearish bias), for the following reasons:
The changes in the three differences compared to the previous day are not entirely consistent, and do not meet the criteria for a clear upward or downward trend, which is characteristic of a volatile market. Considering the fundamentals, MTBE production companies in Shandong, the main producing region in China, have lowered their quotations for two consecutive days. The Asian external market MTBE price has fallen by nearly $30 per ton in a single day, and there is no significant increase in downstream gasoline blending demand, indicating an overall bearish trend.
4. Positional Space Reference
MTBE 60-day cycle price is in the 4th tier (moderately high), while the 3-month and 1-year cycle prices are in the 5th tier (high). The short-term upside is limited, with upstream methanol costs providing some support, narrowing the downside.
5. Trend Chart Display
