According to the monitoring of the business community, the domestic ethanol market rose first and then fell in December, which was generally upward. From December 1 to 30, the average price of domestic ethanol producers rose from 6812 yuan/ton to 7450 yuan/ton, with a price increase of 9.36% and 6.43% year on year.

In December, the price of domestic ethanol market fluctuated greatly, mainly affecting the supply and demand side, with limited support from the cost side. In December, domestic ethanol prices rose first and then fell. At the beginning of this month, due to the influence of the epidemic situation, the large factories in Northeast China had a large limit on the delivery of raw materials. Enterprises started to operate less, and prices rose after the supply decreased. On December 7, the state issued 10 epidemic prevention policies, declaring that the epidemic situation in China began to be fully liberalized in three years. Transportation was liberalized, corn sales increased, and the purchase of raw materials of enterprises resumed steadily. Disinfection consumption brought about by the liberalized policy increased sharply in a short period of time. Disinfection procurement in various parts of the country was active, and enterprise quotations continued to rise.

In terms of cost, the business community monitored that the domestic corn price rose first and then fell in December. On December 30, the benchmark price of the third grade yellow corn was 2828.57 yuan/ton, a decrease of -1.44% compared with December 1 (2870.00 yuan/ton). The total supply of domestic corn in the new season will continue to grow. The imported corn has arrived in Hong Kong successively, and the price advantage exists, which is bad for the price trend of corn.

On the supply side, the overall ethanol market is dominated by low load operation, and the load of the main plants in the Northeast is fluctuating downward, reducing the load. The main factories Hongzhannahe and Jixian half load production, the State Investment Fukang half load production, the Wanli device 80% load operation, other devices stable operation. Part of Subei unit is half load production, and Dongcheng, Changxing and Shuyang units are shut down; The production line of the flower hall has shrunk. Ethanol supply is still good.

On the demand side, the downstream chemical industry maintained normal production. In December, the domestic ethyl acetate industry started at 50.83% on a monthly basis, down 6.11% month on month basis. Ethanol was just needed to purchase, while Baijiu was in small quantity, and the disinfection amount remained just needed. The demand for ethanol is intertwined in the medium and long term.

It is predicted that after the closure is lifted, the consumption of disinfection and sterilization will increase; The double festival is approaching, and the demand for Baijiu has recovered; The demand for ethyl acetate in the chemical industry continued to be stable, and the overall on-site demand was significantly boosted. The ethanol analysts of the business association predict that the domestic ethanol market is expected to consolidate and operate in the short term.