M2 Capital Sdn. Bhd

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Indonesia’s B40 Biodiesel Plan Requires Extra 3 Mln Tons Of

NUSA DUA, Indonesia, Nov 8 (Reuters) – Indonesia’s strategy to raise the mandatory palm oil content of to 40% next year from 35% will need additional feedstock supply of around 3 million metric loads, a senior Indonesia Palm Oil Association (GAPKI) authorities said on Friday.

Indonesia’s crude palm oil output is seen at 48 million metric loads in 2024, down 4% from last year, however is anticipated to increase to 50 million in 2025, GAPKI board of advisers member Joko Supriyono informed the Indonesia Palm Oil Conference in Bali. (Reporting by Bernadette Chrisina Munthe Writing by Fransiska Nangoy; Editing by John Mair)

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