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。
Rating
53
Native
Translation / English
- Posted at 20 Jul 2012 at 12:01
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.
Rating
52
Translation / English
- Posted at 20 Jul 2012 at 12:00
However, because the gas price jumped reflecting the strain of the Middle Eastern situation the ethanol price remained relatively low and its demand kept steady. Then supply increase in ethanol was anticipated under the influence of a sugar cane compression start in Brazil, and the ethanol price in 2Q declined to $2.48/gallon temporarily, but rose to $2.73/gallon afterwards affected by the rise of the corn prices.
