KUALA LUMPUR, Oct 8 (Reuters) - A top palm oil market analyst on Tuesday said Indonesia's prepare for the widespread usage of the palm-oil based B40 biodiesel from next year would be "catastrophic" for the international market, as it would include the additional use of 1.5 to 1.7 million metric loads of the product.
Oil World senior analyst David Mielke likewise stated international palm oil production is expected to increase by 2.3 million metric lots in 2024/25 compared to the previous season.
(Reporting by Danial Azhar and Ashley Tang; Editing by Martin Petty)
