Indonesia’s B40 biodiesel plan would be a ‘disaster’ for global market – opinion
A leading palm oil industry analyst said on Tuesday that Indonesia’s plan to make extensive use of palm oil-based B40 biodiesel from next year would be “disastrous” for the global market as it would entail an additional 1.5 to 1.7 million metric tons of the commodity.
Oil World (Germany) senior analyst David Milke also said that global palm oil production is expected to increase by 2.3 million metric tons in 2024/25 compared to the previous season.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Rapeseed continues to be sown in Ukraine despite the expiration of the permissible...
US senators reach deal to end shutdown
Ukrainian soybeans remain the cheapest in the world despite price increases
Turkey raises duty-free import quotas for barley and corn
Ballance partners with Yara to pilot lower carbon fertiliser range
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon