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Indonesia B40 Biodiesel Plan would be 'Disastrous' 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 extensive usage of the palm-oil based B40 biodiesel from next year would be "devastating" for the worldwide market, as it would involve the extra use of 1.5 to 1.7 million metric heaps of the .
Oil World senior analyst David Mielke likewise stated international 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