Indonesia B40 Biodiesel Plan would be 'Devastating' For World
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KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil industry analyst on Tuesday said Indonesia's prepare for the widespread 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 lots of the commodity.

Oil World senior expert David Mielke also said worldwide palm oil production is expected to by 2.3 million metric loads in 2024/25 compared to the previous season.

(Reporting by Danial Azhar and Ashley Tang