Indonesia B40 Biodiesel Plan would be 'Devastating' For World

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KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil market expert on Tuesday stated Indonesia's prepare for the extensive use of the palm-oil based B40 biodiesel from next year would be "catastrophic" for.

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


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


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

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