November 9th News
This daily report is based on the latest EVA price and average difference data as of November 8, 2026. Currently, the EVA price is in a short-term fluctuation range. The weakening of international crude oil prices has reduced the cost support. Downstream demand inquiries are mainly characterized by a wait-and-see attitude, with no clear unilateral trend in the short term. In terms of price levels, there is limited room for further increases in the short term, while over a 1-year period, the price is at a medium level. Subsequently, close attention should be paid to changes in upstream raw material prices and the recovery of downstream operating rates.
Corrected Analysis Content
I. Table of Finite Differences
| Moving Average Type | Value on 2026-11-08 | Value on 2026-11-07 | Direction of Change |
|---|---|---|---|
| 5-Day Moving Average (D5) | 0.00 | 0.00 | No Change |
| 10-Day Moving Average (D10) | 40.00 | 53.34 | - |
| 20-Day Moving Average (D20) | 46.67 | 40.00 | + |
Note: The most recent data currently available is as of November 8, 2026; real-time data is recommended.
Note: The latest available data is current as of November 8, 2026; please refer to real-time data for the most up-to-date information.
II. Signal State Determination
The current three deviations are not completely consistent in their direction of change, indicating a retracement (with a bullish bias) in a volatile market.
III. Conclusion on Trend Direction
The current EVA price trend is range-bound. Reason: The three moving averages did not all change in the same direction as the previous day, failing to meet the criteria for a clear uptrend or downtrend; from a fundamentals perspective, international crude oil prices recently fell below $100 per barrel, weakening support for EVA feedstock costs, downstream inquiries are cautious, traders are making narrow adjustments to their quotes, and there is no clear directional momentum in the short term.
IV. Positional Spatial Reference
Over the 60-day and 3-month periods, prices are in the fifth tier (high range), limiting short-term upside potential.
1 year cycle price is in the 3rd tier (median), with some room for increases and decreases in the medium to long term.
V. Trend Chart Display
Six, Risk Warning
The above analysis is for reference only and does not constitute trading advice.
