August 20th News
On August 20, 2026, the ethanol market experienced volatile trading conditions. The 5-day and 20-day moving averages continued to weaken, but the 10-day moving average rebounded from -14.23 to -10.78, showing signs of resilience and recovery. Meanwhile, although spot prices declined in some regions, reduced plant maintenance at facilities such as Hongzhan Jixian and Xinjiang Tianye curtailed market supply. Under the interplay between supply and demand, prices remained relatively stable with a slight upward bias.
1. Average Difference Change Table
| Average Difference Type | Today's Value (2026-08-19) | Yesterday's Value (2026-08-18) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference (D5) | -5.66 | -2.66 | - |
| 10-Day Average Difference (D10) | -10.78 | -14.23 | + |
| 20-Day Average Difference (D20) | -22.06 | -20.16 | - |
2. Signal Status Determination
The directions of change in the three divided differences are not entirely consistent with those of the previous day, and the combination of signs is (-, +, -), indicating an anti-decline warning signal (slightly bullish).
3. Trend Direction Conclusion
The short-term price trend is volatile (with a bullish bias), as the 5-day and 20-day moving average differences have weakened further compared to yesterday. However, the 10-day moving average difference has rebounded from -14.23 to -10.78, showing resilience and a repair characteristic. Meanwhile, although spot prices in some regions have declined, plant maintenance at Hongzhan Jixian and Xinjiang Tianye has reduced market supply. Under the balance of supply and demand, the price trend is volatile with a bullish bias.
4. Location and Spatial Reference
60-day and 3-month cycle prices are at low levels, with limited room for decline; 1-year cycle prices are at a moderate level, with some potential for recovery and increase.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
