04/04/2011 (Business Times) - The Southeast Asian plantation sector was cut to “underweight” from “market weight” at UOB- Kay Hian Holdings Ltd because palm oil prices are expected to peak in the first half of 2011 and weaken in the second half, according to a report today.

Crude palm oil prices will fall to US$885 per ton from US$1,100 per ton in the next 12 months, the report said.