NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's plan to raise the obligatory palm oil material of biodiesel to 40% next year from 35% will require additional feedstock supply of around 3 million metric lots, a senior Indonesia Palm Oil Association (GAPKI) authorities stated on Friday.
Indonesia's crude palm oil output is seen at 48 million metric lots in 2024, down 4% from last year, but is anticipated to increase to 50 million in 2025, GAPKI board of advisers member Joko Supriyono told the Indonesia Palm Oil Conference in Bali.
(Reporting by Bernadette Chrisina Munthe Writing by Fransiska Nangoy; Editing by John Mair)
