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[Translation from Japanese to English ] However, since the gasoline prices also skyrocketed reflecting the tensions i...
Original Texts
しかし、ガソリン価格も中東情勢の緊張を反映して急騰した為、エタノールはガソリンに対して相対的に安く、エタノール需要は堅調に推移した。2Qのエタノール価格はブラジルでのサトウキビ圧搾開始の影響によってエタノールの供給増加が見込まれ、一時的に$2.48/ｶﾞﾛﾝまで下落したが、その後、トウモロコシ価格の上昇の影響を受けて、$2.73/ｶﾞﾛﾝまで上昇した。
However, since the gasoline prices also skyrocketed reflecting the tensions in the Middle East, as ethanol is relatively cheaper than gasoline, the demand for ethanol has steadily increased. The price of ethanol during the second quarter temporarily fell to $2.48/gallon from the expected increase of ethanol production due to the effect caused by the start of sugar cane compression in Brazil. However, later, due to the increase of the price of corn, the price rose up to $2.73/gallon.
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