The domestic ethanol market continued to rise last week. According to the sample data monitored by the business agency, the domestic ethanol market price was 6375 yuan / ton on October 12, and 6525 yuan / ton on October 16, up 2.35% during the week, 5.45% on a month on month basis, and 20.83% higher on a year-on-year basis. The main reasons are as follows: the rising market of raw corn, the reduction of social inventory of equipment maintenance in some enterprises, the shortage of some downstream stock before and after the festival. In terms of market, as of today (10.19), the domestic ethanol market in East China and Northeast China was up; that in Northeast, East China and Shandong was up; that in Henan was stable; and that in Guangxi was upward.

Quotation of 95% ethanol of some Shandong ethanol production enterprises:

Enterprise price (yuan / ton) device dynamics

Shandong Yusheng / 50000 T / a cassava alcohol plant shut down

Shandong Wudi Runsheng / 50000 T / a cassava alcohol plant shut down

Shandong fulichun normal 6650 cassava ethanol plant

Shandong Chengguang general 6600/

Shandong Chengguang no water 7150/

Under the influence of high raw materials and few spot prices in the market, it is possible to rise. However, due to the current high price, the lower reaches have higher resistance to high prices, and the rising trend will not be too big. Business agency ethanol analysts predict that this week’s domestic ethanol market high volatility.