Biofuels Digest Index dips to 90.15 as ethanol, biodiesel wane

June 5, 2011 | admin

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dipped 0.16 percent to 90.15 as ethanol and biodiesel dropped. For the day, Archer Daniels Midland (ADM) fell 0.98 percent to $30.39, while Gushan (GU) fell 7.94 percent to $2.55. Among other equities, Gevo (GEVO) dropped 4.95 percent to $17.09. Overall, declines led advances 3 to 1 for the day.