November 9th News
1. Mean Deviation Change Table
| Mean Difference Type | Today's Value (2026-11-08) | Yesterday's Value (2026-11-07) | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | -170.8 | -336.8 | + |
| 10-Day Mean Difference (D10) | -425.6 | -379.6 | - |
| 20-Day Mean Difference (D20) | -260.5 | -173.5 | - |
2. Signal Status Judgment
The current combination of changes in mean differences is (+, -, -), which constitutes a Weak Rebound (Bearish) signal.
3. Trend Direction Conclusion
The short-term trend is choppy. Reason: The directions of change in the three moving averages are not entirely consistent with those of the previous day, so the criteria for a clear uptrend or downtrend are not met; therefore, the trend is classified as choppy, and the current structure leans bearish.
4. Positional Spatial Reference
60-day cycle price is in the 1st tier (low position): The short-term downside is limited. 1-year cycle price is in the 4th tier (upper-middle): the short-term upside is constrained.
6. Risk Warning
【Commodity Formula Pricing Principle】
The benchmark price is a transaction guidance price generated based on big data and price models, also known as the price. It can be used to determine the transaction settlement prices for the following two types of demands: 1. The settlement price on the specified date 2. Average settlement price for the specified period Pricing formula: Settlement price = Base price × K + C K: Adjustment factor, including factors such as credit period costs. C: Premium and discount, including factors such as logistics costs, brand price differences, and regional price differences.
