KUALA LUMPUR, Oct 8 (Reuters) - A leading palm oil market analyst on Tuesday stated Indonesia's prepare for the prevalent use of the palm-oil based B40 biodiesel from next year would be "disastrous" for the international market, as it would include the additional usage of 1.5 to 1.7 million metric heaps of the product.
Oil World senior analyst David Mielke also said global palm oil production is anticipated 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)
