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Страница: Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World

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1 Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World

KUALA LUMPUR, Oct 8 (Reuters) - A top market expert on Tuesday said Indonesia's prepare for the extensive usage of the palm-oil based B40 biodiesel from next year would be "catastrophic" for the global market, as it would include the additional usage of 1.5 to 1.7 million metric loads 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