August 17th News
On August 17, 2026, the ethanol market in China showed a volatile performance. The reason is that the three average differences did not show a completely consistent change direction, failing to meet the criteria for a clear trend. Combining market data, recent ethanol prices in Henan, Anhui, and Shandong provinces have been weak. Downstream demand is also weak, with factory quotes slightly declining. The supply and demand situation lacks a clear upward driver, but the 5-day average difference turning from negative to positive indicates a short-term rebound potential. Therefore, the short-term price is in a volatile trend, generally bearish.
1. Average Difference Change Table
2. Signal Status Judgment
Oscillation (weak rebound, bearish). The directions of the three average differences compared to the previous day are not completely consistent, showing a (+, -, -) symbol combination, which is in line with the signal characteristics of a weak rebound and bearish trend.
3. Trend Direction Conclusion
Fluctuation. Reason: The three average differences did not show a completely consistent direction of change, which does not meet the criteria for a clear trend; combined with market data, recent ethanol prices in Henan, Anhui, and Shandong provinces have been weak, with downstream demand also being weak. Factory quotations have slightly weakened, and the supply and demand situation lacks a clear upward driver. However, the 5-day average difference turning from negative to positive indicates the presence of a short-term rebound momentum. Therefore, the short-term price is in a fluctuating trend, generally bearish.
4. Position and Spatial Reference
60-day cycle price is at a low level, 3-month cycle price is at a low level, with limited downside; 1-year cycle price is at a moderate level, with the possibility of price fluctuation in both directions, and both significant short-term increases and decreases are restricted.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
