According to the sample data monitored by the business community, on October 8 and 14, the domestic ethanol market was in shock. The average price of domestic ethanol producers remained at 6800 yuan/ton at the beginning of the week, and 6787 yuan/ton at the end of the week. The price fell 0.18% within the week, rose 1.12 month on month, and rose 4.02% year on year.

The domestic ethanol market was in shock and consolidation. After the holiday, the downstream demand for ethanol was stable, and the starting load was not boosted. At the same time, the logistics recovered after the holiday, and the domestic ethanol market was dominated by normal spot shipments. The price of raw corn was adjusted by shocks, with a short-term upward trend as the main trend. The cost of ethanol was strongly supported. In terms of demand, the operating rate of chemical ethyl acetate was high, which was driven by favorable factors in the short term.

In terms of raw materials and costs, the business community monitored the weak price of domestic corn market, which fell by 0.18% from 2800 yuan/ton at the beginning of the week to 2797 yuan/ton at the end of the week.

In terms of downstream products, the order volume of ethyl acetate in the chemical industry was stable. With the boost of foreign trade demand, the high load was maintained, and the overall market demand improved. With the arrival of the traditional peak season in the paint industry, the demand was stable.

Raw corn was boosted in the short term, but with the new grain coming into the market after the festival, the high price was difficult to maintain, and the demand recovery was difficult to see an increase in the short term. The ethanol analyst of the business association predicted that the short-term domestic ethanol market would be mainly settled by shocks.