In August, the domestic ethanol market continued to be depressed. According to the sample data monitored by the business agency, the price at the beginning of the month was 7060 yuan / ton, and the price at the end of the month was 6637 yuan / ton, with a decrease of 5.98% in the month and a year-on-year decrease of 0.38%.

At the beginning of September, the domestic ethanol market continued to decline. At present, the supply of ethanol is sufficient and stable, but the delivery of goods is slow, the market price fluctuates downward, and large factories mainly place orders in the early stage.

In the middle of September, the domestic ethanol market continued to decline. Corn prices fell, cost support weakened, and actual single transactions continued to decline. The supply side is relatively stable, and the overall inventory is under pressure. Downstream Baijiu demand is in the low season, and there is no obvious positive support on the demand side.

In late September, the domestic ethanol market was still down by a narrow margin. The supply side continued to be high, and prices continued to decline in the face of limited demand.

At the end of the month, the domestic ethanol market continued to decline. The unit load of the main production enterprises is stable, the supply side continues to be high, and the ethanol market price continues to decline under the limited demand.

According to the price monitoring of the business community, in the first half of 2022 (1.1-6.30), there were 136 kinds of commodities rising month on month in the list of bulk commodity prices, which were concentrated in the chemical industry sector (64 kinds in total) and the agricultural and sideline sectors (16 kinds in total). The commodities with an increase of more than 5% were mainly concentrated in the chemical industry sector; The top three commodities with growth were butadiene (152.15%), lithium hydroxide (118.46%) and sulfur (89.80%). A total of 95 commodities declined month on month, mainly in the chemical industry (43 in total) and steel (15 in total), and commodities with a decline of more than 5% were mainly concentrated in the chemical industry sector; The top three commodities with declines were electrolytic manganese (- 57.47%), magnesium (- 46.60%), and glycine (- 45.71%). The average increase / decrease in this half year was 6.53%.

Both supply and demand are weak, and the ethanol analysts of the business community predict that the domestic ethanol market will be mainly adjusted at a low level in the short term.