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Page: Indonesia B40 Biodiesel Plan would be 'Devastating' For World
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Indonesia B40 Biodiesel Plan would be 'Devastating' For World
Katie Zachary edited this page 5 months ago


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

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

(Reporting by Danial Azhar and Ashley Tang

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