Higher Biodiesel Mandates in Indonesia to Curb Palm Oil Supplies, Analyst Says

October 08, 2024, 07.01 PM | Source: Reuters
Higher Biodiesel Mandates in Indonesia to Curb Palm Oil Supplies, Analyst Says

ILUSTRASI. Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies.ANTARA FOTO/Muhammad Izfaldi/tom.

CPO - KUALA LUMPUR. Implementation of higher biodiesel mandates in Indonesia, the world's biggest palm oil producer, is likely to tighten supplies of the vegetable oil, a leading industry analyst said on Tuesday.

Indonesia currently has a mandatory 35% blend of palm oil-based fuel in biodiesel and is seeking to ramp up to biodiesel containing 40% palm oil to cut its energy imports.

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