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August 19, 2008 | Jim Lane | Comments 0

Biofuels Digest Index falls 0.65 percent to 73.15, new all-time low

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.65 percent Tuesday to a new all-time low of 73.15 as ethanol stocks tumbled. For the day, Archer Daniels Midland fell 0.51 percent to close at $25.34. while VeraSun Energy (VSE) fell 7.25 percent to close at $6.40. Among small caps, Algodyne Ethanol (AYDN.PK) fell 40.00 percent to close at $0.06. .  Overall, declines led advances 3 to 1 for the day.

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