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Seite: Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
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Indonesia B40 Biodiesel Plan would be 'Catastrophic' For World
Carolyn Gibbons hat diese Seite bearbeitet vor 5 Monaten


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

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

(Reporting by Danial Azhar and Ashley Tang

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