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September 05, 2008 | Jim Lane | Comments 0

Biofuels Digest Index falls 2.53 percent to all-time low of 68.59 as general market tumbles

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.53 percent to an all-time low of 68.59 as the Dow Industrials fell 3 percent on the day. Archer Daniels Midland (ADM) plunged 7.79 percent to $222.97, plumbing depths not seen since early 2005, while BioFuel Energy (BIOF) fell 4.69 percent to $1.22. Among small caps, Pure Biofuels (PBOF.OB) fell 7.14 percent to $0.26. Overall, declines led advances 4 to 1.

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