According to the sample data monitored by the business community, from October 31 to November 4, the domestic ethanol market was on the sidelines. At the beginning of the week, the average price of domestic ethanol producers remained at 6762 yuan/ton, and at the end of the week, it reached 6750 yuan/ton. The price fell 0.18% within the week, 0.18% month on month, and 0.37% year-on-year.

The price range of the domestic ethanol market was volatile, and the short-term price was hardly boosted, with a small downward trend as the main trend. The price of raw corn fluctuated, the starting load of downstream chemical acetate was stable, and the demand decreased. Stable load arrangement on the plant surface, and weak price operation on the ethanol market.

From the aspect of raw materials and cost, the business community monitored that the domestic corn market price was relatively strong, rising 0.20% from 2801 yuan/ton at the beginning of the week to 2807 yuan/ton at the end of the week.

From the perspective of downstream products, the commencement of downstream ethyl acetate basically remained stable, and the price market was stable. The business community monitored that the price of ethyl acetate remained at 6950 yuan/ton at the beginning and end of the week, with steady rise and fall.

In the short term, the price of corn is mainly stable, and the supply in the later period is increased, which may be weak. The downstream ethyl acetate operates weakly and stably. The ethanol analysts of the business community predicted that the domestic ethanol market would be weak in the short term.