Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World

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KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil market expert on Tuesday said Indonesia's prepare for the widespread usage of the palm-oil based B40 biodiesel from next year would be.

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


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


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

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