NUSA DUA, Indonesia, Nov 8 (Reuters) - Indonesia's strategy to raise the compulsory palm oil material of biodiesel to 40% next year from 35% will need 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 heaps in 2024, down 4% from in 2015, but is anticipated to rise to 50 million in 2025, GAPKI board of advisers member Joko Supriyono informed the Indonesia Palm Oil Conference in Bali.
(Reporting by Bernadette Chrisina Munthe Writing by Fransiska Nangoy; Editing by John Mair)
