October 15th, News
[Key Takeaway] In the short term, ethanol is trading in a mildly corrective, range-bound, bearish pattern. With plant utilization rates picking up on the supply side and demand remaining largely devoid of significant positive catalysts, both upside and downside room are relatively limited.
1. Average Difference Change Table
| Difference Type | Value on 2026.10.14 | Value on 2026.10.13 | Direction of Change |
|---|---|---|---|
| 5-Day Difference (D5) | 0 | 0.89 | - |
| 10-Day Difference (D10) | 12.44 | 14.55 | - |
| 20-Day Difference (D20) | 10.67 | 10.62 | + |
The latest available data is up to October 14, 2026. It is recommended to refer to real-time data.
2. Signal Status Judgment
Currently, this is a mild pullback (bearish, corrective in nature) signal. 3. Trend Direction Conclusion
The short-term trend is choppy (bearish).
Reason: The changes in the three differences compared to the previous day are (-, -, +), not entirely consistent, which does not meet the criteria for a clear upward or downward trend, and the overall situation is in a fluctuation range; from a fundamental perspective, ethanol plants in Inner Mongolia and northeastern China are gradually resuming production, leading to an increase in the industry's operational level, with an increase in supply. However, there is no significant positive support from downstream demand, resulting in a slightly bearish trend with a gentle downward adjustment.
4. Positional Space Reference
Ethanol prices for the 60-day and 3-month cycles are both in the 5th tier (high, within the top 20% range of the cycle), with limited room for short-term increases; the 1-year cycle price is in the 3rd tier (middle, within the 40%-60% range of the cycle), with raw material cost support, limiting the potential for a significant decline.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
