Page: Indonesia's B40 Biodiesel Plan Requires Extra 3 Mln Tons Of

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1 Indonesia's B40 Biodiesel Plan Requires Extra 3 Mln Tons Of

Margarita Wirth edited this page 3 months ago

NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's plan to raise the mandatory palm oil material of biodiesel to 40% next year from 35% will need supply of around 3 million metric tons, a senior Indonesia Palm Oil Association (GAPKI) authorities said on Friday.

Indonesia's crude palm oil output is seen at 48 million metric tons in 2024, down 4% from in 2015, but is anticipated to rise 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