Indonesia B40 Biodiesel Plan Would Be Devastating For World

KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil on Tuesday stated 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 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 loads in 2024/25 compared to the previous season.


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