October 22nd, according to news,
[Key Takeaway] Ethanol’s short-term trend is clearly upward, but it is currently at a cyclical peak, limiting its near-term upside potential.
The most recent available data is up to October 21, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
| Indicator | Today’s Value (2026.10.21) | Yesterday’s Value (2026.10.20) | Direction of Change |
|---|---|---|---|
| 5-Day Moving Average Difference (D5) | 48.89 | 0.00 | + |
| 10-Day Moving Average Difference (D10) | 6.11 | 0.00 | + |
| 20-Day Moving Average Difference (D20) | 13.78 | 12.22 | + |
2. Signal Status Determination
The current situation is a clear signal of an increase.
3. Trend Direction Conclusion
The short-term trend is clearly upward, for the following reasons: the 5-day, 10-day, and 20-day moving averages all changed in the same direction as the previous day, and all three are positive, satisfying the criteria of the moving-average method for identifying an uptrend. From a fundamental perspective, ethanol producers in China’s major producing regions have raised their prices; September ethanol imports fell 13.52% month-on-month, while exports rose 21.97% month-on-month, providing strong supply-side support. Meanwhile, companies’ shipment volumes remain decent, further bolstering prices.
4. Positional Space Reference
60 days and 3-month cycle prices are in the 5th tier (high), while the 1-year cycle price is in the 4th tier (moderately high). The short-term upside is limited.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
