Indonesia B40 Biodiesel Plan would be 'Disastrous' For World

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KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil industry analyst on Tuesday stated Indonesia's plan for the widespread use of the palm-oil based B40 biodiesel from next year would be "disastrous" for.

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


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


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

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