Indonesia's B40 Biodiesel Plan Requires Extra 3 Mln Tons Of
NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's strategy to raise the obligatory palm oil material of biodiesel to 40% next year from 35% will need supply of around 3 million metric lots, a senior Indonesia Palm Oil Association (GAPKI) official said on Friday.
Indonesia's unrefined palm oil output is seen at 48 million metric lots in 2024, down 4% from in 2015, however is anticipated to rise to 50 million in 2025, GAPKI advisory board member Joko Supriyono informed the Indonesia Palm Oil Conference in Bali. (Reporting by Bernadette Chrisina Munthe Writing by Fransiska Nangoy; Editing by John Mair)