Biofuels Digest Index slips to 89.95 as ethanol slides

March 15, 2011 | admin

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.34 percent to 89.95 as ethanol stocks took a hit. For the day, Archer Daniels Midland (ADM) fell 0.80 percent to $35.80, while Valero (VLO) jumped 3.25 percent to $28.89. Among other equities, Verenium (VRNM) soared 7.26 percent to $3.25. Overall, advances led declines led advances 3 to 1 for the day.