November 4th News
On November 3, 2026, propylene oxide showed a strong consolidation and a slightly bullish pattern. The 5-day moving average difference declined, while the 10-day and 20-day moving average differences rose simultaneously, indicating divergent signals. On a cyclical basis, the 60-day and 3-month cycles are at high levels, limiting short-term upside potential. The 1-year cycle is in the mid-high range, suggesting there is still room for volatility in the medium to long term.
1. Average difference change table
| Mean Difference Indicator | Today's Value (2026.11.03) | Yesterday's Value (2026.11.02) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 106.66 | 320.00 | - |
| 10-Day Mean Difference (D10) | 273.34 | 210.00 | + |
| 20-Day Mean Difference (D20) | 186.66 | 130.00 | + |
2. Signal Status Judgment
The current signal indicates strong consolidation (biased bullish).
3. Trend Direction Conclusion
The current propylene oxide price trend in China is fluctuating (with a bullish bias). Reason: The change directions of the three averages compared to the previous day are (-, +, +), which are not completely consistent, fitting the characteristics of a strong consolidation within a fluctuation range, indicating an overall bullish movement.
4. Position Space Reference
At the 60-day and 3-month timeframes, prices are in the fifth tier (high levels), limiting short-term upside; at the 1-year timeframe, prices are in the fourth tier (mid-to-high levels), leaving some room for medium- to long-term price fluctuations.
5. Trend chart display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
