Indonesian palm oil output pressured by weak global economic growth

China, India, U.S., EU expected to buy less from major producers, experts say

20240306 palm oil in malaysia farm

A man unloads fresh palm fruit in Malaysia. Demand for palm oil is expected to slow, according to experts. © Reuters

AMY CHEW, Contributing writer

KUALA LUMPUR -- Sluggish economic growth in key palm oil buyers including China is expected to weigh on demand for the commodity in major suppliers such as Indonesia, which are already facing lower exports, experts said at an industry conference.

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