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Opened 4 months ago by Anglea Frankland@angleafranklan
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Indonesia B40 Biodiesel Plan would be 'Devastating' For World


KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil industry analyst on Tuesday said Indonesia's strategy for the prevalent use of the palm-oil based B40 biodiesel from next year would be "devastating" for the international market, as it would involve the additional usage of 1.5 to 1.7 million metric lots of the product.

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

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

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    Reference: angleafranklan/oleovest-pl#3