Biofuels Digest Index drops 0.51 percent to 87.37 as ethanol wanes

May 18, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 0.51 percent to 87.37, as ethanol sunk. For the day, Archer Daniels Midland (ADM) slipped 0.62 percent to $31.81, while Aventine Renewables (AVRW) lost 18.92 percent to $15.00. Among other equities, Pacific Ethanol (PEIX) fell 6.98 percent to $0.40. Overall, declines led advances 2 to 1 for the day.

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Category: Biofuels Digest Index

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