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Page: Indonesia B40 Biodiesel Plan would be 'Devastating' For World
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Indonesia B40 Biodiesel Plan would be 'Devastating' For World
Donnell Mendes edited this page 1 week ago


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

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

(Reporting by Danial Azhar and Ashley Tang

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