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<br>NUSA DUA, Indonesia, Nov 8 (Reuters) [- Indonesia's](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to raise the [obligatory palm](https://www.crunchbase.com/organization/mission-newenergy) [oil material](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) of [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) to 40% next year from 35% will need [extra feedstock](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) supply of around 3 million metric lots, a [senior Indonesia](https://www.google.com/search?kgmid=/m/0cqd_rb) [Palm Oil](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [Association](https://stocktwits.com/symbol/MNEL) (GAPKI) [official](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) said on Friday.<br> |
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<br>[Indonesia's unrefined](https://www.crunchbase.com/organization/mission-newenergy) [palm oil](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) output is seen at 48 million metric tons in 2024, down 4% from last year, however is [anticipated](https://www.bloomberg.com/profile/company/MNELF:US) to rise to 50 million in 2025, [GAPKI advisory](https://stocktwits.com/symbol/MNEL) board member [Joko Supriyono](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) told the [Indonesia](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Palm [Oil Conference](https://stocktwits.com/symbol/MNEL) in Bali. ([Reporting](https://www.crunchbase.com/organization/mission-newenergy) by [Bernadette Chrisina](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [Munthe Writing](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) by [Fransiska](https://www.bloomberg.com/profile/company/MNELF:US) Nangoy |
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