Indonesia B40 Biodiesel Plan would be 'Disastrous' For World
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KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil industry expert on Tuesday said Indonesia's prepare for the widespread use of the palm-oil based B40 biodiesel from next year would be "devastating" for the market, as it would involve the additional use of 1.5 to 1.7 million metric lots of the commodity.

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

(Reporting by Danial Azhar and Ashley Tang