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Indonesia B40 Biodiesel Plan would be 'Devastating' For World
michelwhitman6 edited this page 7 days ago
KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil industry expert on Tuesday stated Indonesia's strategy for the prevalent use of the palm-oil based B40 biodiesel from next year would be "disastrous" for the worldwide market, as it would include the extra use of 1.5 to 1.7 million metric lots of the .
Oil World senior analyst David Mielke likewise said international 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