Indonesia Biofuel Push Adds Strain to Producers and Palm Markets
AI Summary
Indonesia's new biofuel policy, which introduces a palm-diesel blend, is straining producers and tightening global palm oil supplies by diverting oil away from export markets.
The rollout of a pioneering palm-diesel blend is set to stretch Indonesian biofuel makers to their limits and tighten global supplies of the tropical oil by diverting it away from export markets.
World Markets Commodities Energy Indonesia biofuel palm oil palm-diesel blend global supply export markets