1 Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
Maria Greenwell edited this page 7 days ago


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

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

(Reporting by Danial Azhar and Ashley Tang