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