According to the sample data monitored by the business community, from November 7 to 14, the domestic ethanol market was slightly sorted out. At the beginning of the week, the average price of domestic ethanol producers remained at 6737 yuan/ton, and at the end of the week, it reached 6725 yuan/ton. The price fell 0.19% within the week, 0.92% month on month, and 3.58% year on year.

The domestic ethanol market continues to be dominated by weak transactions. The supply side is relatively abundant in the short term, and the operating capacity of production plants is higher than that in October. However, the demand side is limited in the short term, which continues to be weak, and it is difficult to see significant benefits in the short term. The transaction price of the domestic ethanol market continues to be dominated by weak operations

In terms of raw materials and costs, the business community monitored that the domestic corn market price was relatively strong, rising 0.35% from 2802 yuan/ton at the beginning of the week to 28127 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 was low. The business community monitored that the price of ethyl acetate remained at 6950 yuan/ton at the beginning of the week, and fell to 6933 yuan/ton at the weekend, with a 0.24% drop in the price during the cycle.

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.