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

Oil World senior expert David Mielke also said 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