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Biofuels Digest Index slips to 73.61 as MNEL drops on palm oil biodiesel ruling

January 31, 2012 |

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.38 percent to 73.61 as Mission NewEnergy continued to plunge. For the day, BP recovered 1.01 percent to $44.14, while Mission NewEnergy (MNEL) dropped a stunning 36.18 percent to $0.97 after palm oil biodiesel outlook for the US darkened. Among other equities, KiOR (KIOR) plummeted 6.32 percent to $12.00. Overall, declines led advances 7 to 6 for the day.

Category: Digest Index

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