According to the monitoring of the business agency, the domestic ethanol market in January was mainly sorted out. From January 1 to 31, the average price of domestic ethanol producers fell from 7421 yuan/ton to 7242 yuan/ton, with a decrease of 2.41% in the cycle and a year-on-year increase of 3.65%.

In January, the supply and demand side of the domestic ethanol market price was greatly affected, and the cost side support was limited. At the beginning of the month, the supply and demand of raw material corn market was roughly balanced, and the short-term price was roughly stable, with partial narrow adjustment. The demand side is stable, the demand at the chemical end is stable before the festival, and the starting load is down slightly; The demand for Baijiu is stable; Before the festival, disinfection and sterilization demand continued to pull. The ethanol market returns to calm. Due to the impact of the epidemic, the delivery of raw materials by large factories in the northeast region was restricted greatly in the middle of June, and the enterprises started to reduce their production, and the price rose after the supply decreased. After the Lunar New Year, with the further liberalization of the country, the daily disinfection consumption returned to normal, and the ethanol market was mainly stabilized.

On the cost side, according to the monitoring of the Business News Agency, the domestic corn price fluctuated in January. On January 1, the average price of the third-class yellow corn was 2830.00 yuan/ton, and on January 31, the average price was 2834.29 yuan/ton, a slight increase of 0.15%. After the New Year’s Day, the supply of domestic corn market is relatively stable. Affected by the increase of rain and snow weather, the arrival quantity of corn at the port has declined. The port area has slightly increased the purchase price of corn. In addition, near the end of the year, the willingness of farmers in the production area to sell grain has declined significantly, and the trade volume of domestic corn market has continued to decline. In order to stimulate the arrival of corn, the port area and some deep-processing enterprises have slightly increased the purchase price of corn, Drive the domestic corn market price to run slightly stronger.

On the demand side, in February, the chemical procurement is likely to increase, and the consumption of Baijiu and food is expected to increase after the economy recovers gradually. The fuel demand will maintain a good demand in the short term. There are many positive factors in the demand side of ethanol in the medium and long term.

It is predicted that after the closure is lifted, the consumption of disinfection and sterilization will increase; Still in the atmosphere of the Spring Festival, 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. Ethanol analysts of the Business Agency expect that the domestic ethanol market is expected to be sorted out and run in the short term.