August 18 news
On August 18, 2026, the ethanol market trend in China was bearish and volatile. According to the average difference method, the directions of the three average differences were not completely consistent, meeting the criteria for a volatile market. Combining this with the fundamentals, several companies such as Henan Hanyong, Guanxian Xinrui, and Guannan Xinguan have lowered their ethanol quotes. Market prices in Henan, Anhui, Shandong, and Hebei provinces are showing weakness, with weak downstream demand and moderate trading. Bearish factors dominate the short-term market, leading to a volatile and weak price trend.
1. Average Difference Change Table
| Average Difference Type | Today's Value (2026-08-17) | Yesterday's Value (2026-08-16) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | 0.00 | 0.00 | Flat |
| 10-day Average Difference (D10) | -17.78 | -22.22 | Up |
| 20-day Average Difference (D20) | -18.06 | -16.23 | Down |
2. Signal Status Determination
Volatility (the three mean differences do not all change in the same direction as the previous day; there are zero, positive, and negative changes, failing to meet the requirement of a clear, unified trend direction).
3. Trend Direction Conclusion
Oscillation (with a bearish bias). Reason: According to the method of averages, the directions of the three average differences are not completely consistent, meeting the criteria for oscillation. Considering the fundamentals, several companies in China such as Henan Hanyong, Guanxian Xinrui, and Guannan Xinguan have lowered their ethanol quotations. Market prices in Henan, Anhui, Shandong, and Hebei are showing weakness, with weak downstream demand and moderate trading. Bearish factors are dominating the short-term trend, leading to a weak and oscillating price trend.
4. Positional Spatial Reference
The 60-day cycle price is in the first tier (low level), with limited room for further decline.
The price for the 3-month cycle is in the first tier (low level) and exhibits a certain degree of support.
The 1-year cycle price is in the 3rd tier (median), with the price in the middle of the range, showing a relatively balanced trend.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
