Browse > Home / Biofuels Digest Index (BDI) / Biofuels Digest Indexâ„¢ falls 3.04 percent to 116.91 as January meltdown continues

Biofuels Digest Indexâ„¢ falls 3.04 percent to 116.91 as January meltdown continues

January 18, 2008

The Biofuels Digest Indexâ„¢, a basket of public biofuels stocks, fell 3.04 percent to 116.91 on concerns over the economy and the effect of rising commodity prices on ethanol margins.  Every stock in the Index was down or flat in Thursday’s trading, with sector giant Archer Daniels Midland (ADM) down 2.86 percent to $41.16 leading the downward trend.

Among mid cap ethanol stocks, Pacific Ethanol (PEIX) plummeted 10.24 percent to $5.52. Among small caps, Nova Biosource Fuels (NBF) fell 5.98 percent to $2.20 despite the announcement of new marketing initiatives, while Better Biodiesel (BBDS.OB) tumbled 13.48 percent to $0.77. Green Energy Resources (GRGR.PK) was able to hold at $0.13 for the day.

  • Biofuels Digest Indexâ„¢ falls for 4th consecutive session, dips to 116.91, down 15 percent since January 1st
    • The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, fell 0.72 percent Friday to close at 116.91, down more than 15 percent for the year to date. It was the fourth consecutive d...
  • Biofuels Digest Index falls 2.84 percent to all-time low of 84.94
    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.84 percent Friday to close at an all-time low of 84.94.  For the day, Archer Daniels Midland (ADM) was down 3.07 percent...
  • Biofuels Digest Index falls 0.41 percentto 73.31 on agribusiness slide
    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.41 percent Friday to close at 73.31 on agribusiness weakness.  For the day, The Andersons (ANDE) fell 1.12 percent to $4...
  • Biofuels Digest Index falls 0.57 percent to 87.42 in mixed trading
    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.57 percent yesterday to close at 87.42 in mixed trading.  For the day, Archer Daniels Midland (ADM) was down 0.79 percen...
  • Biofuels Digest Index falls 2.89 percent to 82.01 on agribusiness slide
    • The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 2.89 percent to 82.01 as agribusiness and ethanol stocks fell.  For the day, Archer Daniels Midland (ADM) dipped 3.00 perc...
  • Biofuels Digest Index gains 2.43 percent to close at 128.12 on agribusiness jump
    • The Biofuels Digest Indexâ„¢ (BDI), a basket of public biofuels stocks, gained 2.43 percent Tuesday to close at 128.12 as diversified agribusiness jumped while ethanol stocks recovered from a week...

    Written by Jim Lane · Filed Under Biofuels Digest Index (BDI) 

    Comments

    Got something to say?

    You must be logged in to post a comment.