Abstract: Ethanol production,using cellulosic materials by moulds,has been paid more and more attention. The recent development of the ethanol production from cellulosic materials has been reviewed,including the potential fungal strains,the carbohydrate metabolism in moulds,the characteristics of ethanol producing moulds and the factors affecting ethanol production,in this paper,which has a certain guiding significance for exploring a new method to produce ethanol from cellulosic materials by moulds.