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KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil industry analyst on Tuesday stated Indonesia's plan for the prevalent use of the palm-oil based B40 biodiesel from next year would be "devastating" for the international market, as it would involve the additional usage of 1.5 to 1.7 million metric lots of the product.
Oil World senior analyst David Mielke likewise stated international palm oil production is anticipated to increase by 2.3 million metric tons in 2024/25 to the previous season.
(Reporting by Danial Azhar and Ashley Tang
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