September 17 news
[Key Insight] In the short term, ethanol is likely to exhibit a volatile, oscillating pattern with occasional pullbacks. Rising prices in the overseas markets and cost support from upstream suppliers are providing a floor for prices, keeping them at a medium-to-high level with limited room for further short-term gains.
The latest available data is up to September 16, 2026. It is recommended to refer to real-time data.
1. Average Difference Variation Table
| Average Difference Type | Value as of 2026-09-16 (CNY/ton) | Value as of 2026-09-15 (CNY/ton) | Direction of Change |
|---|---|---|---|
| 5-day Average Difference (D5) | -1.00 | -1.34 | + |
| 10-day Average Difference (D10) | 15.72 | 20.95 | - |
| 20-day Average Difference (D20) | 23.42 | 22.00 | + |
2. Signal Status Judgment
The current deviation change symbol combination is (+, -, +), which is a retracement (bullish) signal.
3. Trend Direction Conclusion
The short-term trend is one of volatility (slightly bullish). Reason: The directions of change in the three moving averages are not entirely consistent with the previous day, meeting the criteria for identifying volatility and signaling a slightly bullish pullback. Fundamentally, the ex-tax import prices of ethanol in Brazil and the U.S. have risen month-on-month, while upstream corn and ethylene prices remain relatively strong, providing support to cost levels. In China’s spot market, price fluctuations have been relatively mild, and manufacturers as a whole show a strong willingness to hold prices steady, thereby offering some support to pricing.
4. Positional Spatial Reference
The 60-day cycle price of ethanol is in the 4th tier (high-middle), while the 3-month and 1-year cycle prices are both in the 3rd tier (middle). The short-term upside is limited, but there is still some room for upward movement in the medium to long term.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
