Indonesia B40 Biodiesel Plan Would Be Catastrophic For World

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KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil market expert on Tuesday stated Indonesia's prepare for the extensive usage of the palm-oil based B40 from next year would be "disastrous" for the international market, as it would involve the extra usage of 1.5 to 1.7 million metric heaps of the product.


Oil World senior expert David Mielke likewise said worldwide palm oil production is expected to increase by 2.3 million metric loads in 2024/25 compared to the previous season.


(Reporting by Danial Azhar and Ashley Tang; Editing by Martin Petty)

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