Biofuels Digest Index sags to 85.42 as ethanol wanes

June 24, 2011 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dropped 0.76 percent to 85.42 as advanced biofuels gains did not offset ethanol drops. For the day, Archer Daniels Midland (ADM) dropped 2.61 percent to $29.51, while AlgaeTec (AEB.AX) jumped 8.82 percent to $0.37. Among other equities, Syntroleum (SYNM) was up 4.89 percent to $1.93. Declines led advances 8 to 3 for the day.

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Category: Digest Index

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