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