October 9th, according to reports
Key Takeaway: Ethanol is likely to trade in a weak, choppy range in the short term, with limited upside potential at current price levels. Supported by downstream demand, any downward pressure on prices should remain manageable.
The latest available data is up to October 8, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
| Mean Difference Indicator | Value as of 2026-10-08 | Value as of 2026-10-07 | Direction of Change |
|---|---|---|---|
| 5-Day Mean Difference (D5) | 0.00 | 0.00 | Unchanged |
| 10-Day Mean Difference (D10) | 0.56 | 1.11 | - |
| 20-Day Mean Difference (D20) | 10.66 | 11.89 | - |
2. Signal Status Judgment
The current signal indicates a weak operation (bearish), fitting the characteristics of a (-, -, +/-) type oscillation with a bearish bias.
3. Trend Direction Conclusion
The short-term price trend is weak and volatile, for the following reasons:
Three differences in changes are not completely consistent, failing to meet the conditions for a unilateral increase/decrease, and the overall situation is in a fluctuation range.
On the 10th and 20th, both saw a synchronized downward trend, with the short- to medium-term upward momentum continuing to weaken. Henan Hanyong and other Chinese production enterprises reduced their quotes for premium ethanol by 10 CNY/ton, and the weakening of supply-side quotes has put pressure on prices.
Downstream rigid demand procurement is the main factor, with no significant incremental demand benefits, and prices lack upward support.
4. Positional Space Reference
Over the past 60 days and on a three-month cycle, prices are in the fifth tier (at a high level), leaving limited room for short-term upside.
The 1-year cycle price is in the 3rd tier (median), with some support below, making it difficult for a significant drop in the market.
5. 1 Year Trend Chart
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
