BALI, Indonesia -- Market uncertainties and slowing economies are clouding the outlook for global palm oil demand, with prices expected to decline next year after having hit record highs in the wake of Russia's invasion of Ukraine.
Agriculture
Palm oil faces headwinds amid China lockdowns, EU phaseout
Indonesia sees 'stable' prices in coming months, but future outlook dim
Palm oil, derived from the fruit seen here, is widely used as a vegetable oil and is an ingredient in processed foods and many other products, including cosmetics. © Antara Foto/Reuters
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