Ethanol futures are influenced by macroeconomics, especially global crude oil prices. When the price of crude oil rises, the cost of ethanol synthesis will also rise. This will have an essential impact on the price of ethanol futures, because when the cost rises, the price of ethanol futures will also rise. In addition, ethanol futures are also affected by political and social activities, such as unstable decision-making or social unrest in some countries, which will have an impact on demand and lead to price fluctuations.

Ethanol is a plant product, so there are certain seasonal factors. When the growth of corn, wheat or other plants as ethanol raw materials has problems, the ethanol production will also be affected. The influencing factors may be natural disasters, such as drought and flood, or the decision of growers, when to plant or weed. Therefore, when ethanol production is affected by this seasonality, the ethanol futures price may fluctuate.

Ethanol futures prices are also affected by market conditions. Market conditions may be temporary policies or regulations, such as energy policies and national environmental protection measures. Attention to market activities will also affect the price of ethanol futures. Market conditions may also be based on technical analysis or market psychology. Technical analysis refers to the method of analyzing the price trend through analysis tools such as stock chart, and market psychology refers to the price fluctuation caused by market sentiment and expectation. This market situation may also have an impact on the future price of ethanol.