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Page: Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
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Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
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Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
Parthenia Collier edited this page 3 weeks ago


KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil market analyst on Tuesday said 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 involve the additional usage of 1.5 to 1.7 million metric loads of the commodity.

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

(Reporting by Danial Azhar and Ashley Tang

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