September 8 news
[Key Insight] In the short term, ethanol is showing a strong, oscillating trend with a slight upward bias. Ethanol plants in China’s main production regions are gradually finishing maintenance shutdowns, and supply has yet to fully recover. Coupled with support from imported ethanol prices, current prices are at their lowest level in nearly three months, leaving room for a modest upward momentum in the near future.
1. Average Difference Change Table
| Mean Deviation Indicator | Today's Value (2026.09.06) | Yesterday's Value (2026.09.05) | Direction of Change |
|---|---|---|---|
| D5 (5-day Mean Deviation) | 4.44 | 8.89 | - |
| D10 (10-day Mean Deviation) | 8.22 | 5.83 | + |
| D20 (20-day Mean Deviation) | -4.27 | -7.08 | + |
2. Signal Status Determination
The current combination of changes in the three central differences is (-, +, +), which constitutes a strong consolidation (bullish) signal.
3. Trend Direction Conclusion
The current trend in ethanol prices is fluctuating. Reason: D5 has decreased from the previous day, while D10 and D20 have increased from the previous day. The directions of the three average differences are not completely consistent, which meets the criteria for a fluctuating trend.
4. Location and Spatial Reference
Ethanol prices for the 60-day and 3-month cycles are both in the 1st tier (low position), while the 1-year cycle price is in the 3rd tier (middle position). The overall downward space is limited, and there is ample price space to support subsequent upward movement.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
