October 30th News
[Key Takeaway] In the short term, ethanol prices are trending in a mild, range-bound correction with a bearish bias. The earlier supply‑side tightening has largely been priced in, leaving prices at elevated levels with limited room for further gains, while downside is supported by feedstock cost dynamics.
Note: The latest available data is up to October 29, 2026. It is recommended to refer to real-time data.
1. Average Difference Change Table
| Type of Average Difference | Today’s Value (2026.10.29) | Yesterday’s Value (2026.10.28) | Direction of Change |
|---|---|---|---|
| 5-Day Average Difference | 8.00 | 10.66 | - |
| 10-Day Average Difference | 15.11 | 22.17 | - |
| 20-Day Average Difference | 37.05 | 32.42 | + |
2. Signal Status Judgment
The current combination of changes in the mean differences is (-, -, +), which constitutes a mild pullback signal (bearish bias, pullback nature).
3. Trend Direction Conclusion
The current price trend is oscillating (with a bearish bias), for the following reasons:
Three differences in comparison to the previous day do not all move in the same direction, which does not meet the criteria for a clear upward or downward trend, and is consistent with the characteristics of a fluctuating market. Considering the fundamentals, the benefits from multiple ethanol plant maintenance periods in China and the diversion of import supplies due to demand in Southeast Asia have been partially realized. After a short-term price surge, the market has entered a minor correction phase, with no strong drivers currently present to disrupt the existing fluctuation pattern.
4. Positional Space Reference
Ethanol prices for 60-day and 3-month cycles are in the 5th tier (high), while the 1-year cycle price is in the 4th tier (mid-high). The short-term upside is limited, and the downside is also constrained due to the cost support from upstream raw materials.
5. Trend Chart Display
6. Risk Warning
The above analysis is for reference only and does not constitute trading advice.
