Biofuels Digest Index jumps to 88.40 as ethanol, renewables recover

July 20, 2011 | admin

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 1.25 percent to 88.40 as renewables broadly rebounded. For the day, Archer Daniels Midland (ADM) sprung back 3.14 percent to $30.56, while Aventine Renewables soared 17.38 percent to $11.75. Among other equities, The Andersons (ANDE) jumped 4.93 percent to $42.55. Overall, advances led declines 4 to 1 for the day.