September 3 news
[Key Insight] Ethanol’s short-term trend is clearly bullish. Current prices are at a cyclical low, and both overseas markets and China’s supply side provide strong support, leaving ample room for further upward movement in the future.
1. Average Difference Variation Table
| Mean Deviation Indicator | Value on 2026.09.02 | Value on 2026.09.01 | Direction of Change |
|---|---|---|---|
| D5 (5-day Mean Deviation) | -1.00 | -1.34 | + |
| D10 (10-day Mean Deviation) | -3.11 | -4.61 | + |
| D20 (20-day Mean Deviation) | -12.72 | -12.74 | + |
2. Signal Status Judgment
Clearly indicate an upward signal
3. Trend Direction Conclusion
The short-term price trend is clearly upward.
Reason: The 5-day, 10-day, and 20-day differences all show a positive change direction compared to the previous day, which is completely consistent and meets the clear upward signal judgment rule of the average difference method. Additionally, with the general increase in ethanol prices in the external market and the support of some manufacturers in China's main production areas raising their quotations, the trend is relatively strong.
4. Positional Spatial Reference
Ethanol prices over 60-day and 3-month cycles are in the 1st tier (low position), while the 1-year cycle price is in the 2nd tier (moderately low position). The overall downward space is limited, and there is strong support for subsequent upward movement.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
