Indonesia B40 Biodiesel Plan Would Be Disastrous For World
Revision as of 03:00, 12 January 2025 by ChelseaStreit36 (talk | contribs)
KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil industry analyst on Tuesday said Indonesia's prepare for the widespread use of the palm-oil based B40 biodiesel from next year would be "catastrophic" for the international market, as it would involve the of 1.5 to 1.7 million metric heaps of the commodity.
Oil World senior analyst David Mielke likewise stated worldwide 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)
