Indonesia B40 Biodiesel Plan Would Be Devastating For World

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KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil industry analyst on Tuesday said Indonesia's prepare for the widespread use of the palm-oil based B40 biodiesel from next year would be "disastrous" for the worldwide market, as it would include the extra use of 1.5 to 1.7 million metric loads of the commodity.


Oil World senior expert David Mielke also stated international palm oil production is anticipated to increase by 2.3 million metric lots in 2024/25 compared to the previous season.


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

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