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August 18, 2009 | Jim Lane | Comments 0

Biofuels Digest Index plunges 4.96 percent to 57.15 on US broad market dip

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, plunged 4.96 percent to 57.15 on consumer jitters. For the day, Archer Daniels Midland (ADM) fell 2.94 percent to $27.05, while Cosan (CZZ) fell 5.87 percent to $7.38. Among small caps, PetroAlgae (PALG.OB) fell 48.11 percent to $12.50.  Overall, declines led advances 8 to 1 for the day.

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