In August 2020, the market price of ethanol was mainly lower. According to the monitoring of business agency, the market price of ethanol was 6212 yuan / ton at the beginning of the month, and 6100 yuan / ton at the end of the month, with a decrease of 1.81% during the month and an increase of 13.38% over the same period of last year.

In August, the domestic ethanol market was mainly downward. Corn raw materials, prices significantly lower. In terms of supply and demand, the ethanol supply increased significantly, the demand was relatively stable, and the transaction was weak.

In terms of logistics, the logistics price was stable this month, with the price of 270-280 yuan / ton delivered from Heilongjiang to Dezhou, Shandong, 230-240 yuan / ton from Henan to Hubei, and 250 yuan / ton from Henan to Anhui. There is little change in shipping price.

In terms of raw materials, corn: in August, the auction of state-owned reserve was still in normal operation. With the support of downstream demand, the auction of national reserve corn was hot at the beginning of the month. With the modification of the auction rules, the premium situation of corn auction was eased, and the average transaction price of national reserve corn auction at the beginning of the month was slightly lower than that at the end of July. The policy premium situation has eased, and the wait-and-see attitude of trade entities has increased slightly. Deep processing enterprises in Shandong and other places have slightly reduced the purchase price of corn this week, driving the overall price rise of domestic corn market to stabilize.

Ethyl acetate: in August, the domestic ethyl acetate Market was in a fluctuating downward trend, and the market showed a slight upward trend at the beginning of the month. After the middle of the month, the domestic ethyl acetate industry started to operate at a high level, and the market supply was sufficient, while the raw material acetic acid was gradually weak, which aggravated the unfavorable situation of ethyl acetate Market, and the competition among production enterprises intensified, which promoted the market transaction to fall to the end of the month.

According to the price monitoring of the business agency, in August 2020, there were 42 kinds of commodities in the chemical industry sector, among which 16 kinds of commodities increased by more than 5%, accounting for 17.8% of the total number of commodities monitored in this plate; the top three commodities that increased were polysilicon (53.96%), TDI (30.15%) and DMF (28.48%). A total of 34 kinds of commodities decreased on a month on month basis, with 8 kinds of commodities falling by more than 5%, accounting for 8.9% of the total number of commodities monitored in this sector; the top three products of decline were hydrochloric acid (- 16.08%), isopropanol (- 15.12%) and acetic acid (- 10.13%). This month, the average rise and fall was 2.51%.

Business agency ethanol analysts predict that the short-term domestic ethanol market price consolidation.