According to the Commodity Market Analysis System of Business Society, the focus of the domestic ethanol market continues to rise. From August 7th to 15th, the domestic ethanol price increased from 6687 yuan/ton to 6750 yuan/ton, with a weekly price increase of 0.93%. The price remained stable month on month and decreased by 0.18% year-on-year. There are slight differences between regions in the domestic ethanol market, with different periods of increase. Henan region has a large number of orders, inventory has decreased, and companies have maintenance plans. Under the influence of favorable factors such as a significant increase in corn prices, the price has increased significantly. Large factories in Northeast Heilongjiang have limited shipments of food, resulting in a slight increase in prices.

On the cost side, due to the recent typhoon causing heavy rainfall in the north, the expected high yield of domestic corn has decreased. In addition, it will still take some time for the new season corn to go public, and the domestic corn market is gradually running out of high-quality and tradable grain sources. The domestic corn market is relatively strong. On August 15th, the benchmark price of corn in Shangshang Society was 2801.43 yuan/ton. There are temporary positive factors in the cost of ethanol.

On the supply side, the Fukang device was shut down and the Tianyu device resumed in mid August; Zhaodong Food resumed around August 15th, but production was limited. Longhe and Romet have plans to start production after the raw materials arrive at the port in the middle of the year. Henan Houyuan Device Storage and Maintenance Plan. The ethanol supply is mixed.

On the demand side, downstream chemical companies are just in need of procurement, and large ethyl acetate factories are gradually returning to full capacity. At the end of August, some factories in East China have maintenance plans. The short-term demand for ethanol is mixed.

In the future market forecast, cost and supply support are high, and demand is expected to break through. Ethanol analysts from Business Society predict that the domestic ethanol market may experience strong fluctuations in the short term.