Indonesia B40 Biodiesel Plan would be 'Disastrous' For World
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KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil market analyst on Tuesday said Indonesia's prepare for the prevalent usage 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 loads of the .

Oil World senior analyst David Mielke likewise said worldwide 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