CPO prices may have peaked - POC 2021 | POA Mid day 25 Mar 2021

Leading analysts concluded prices may have peaked and all the bullish news/data been priced-in on day 2 of Virtual POC ending yesterday but they were generally bearish on the price outlook for the second half of the year though the pace of fall and forecast on production differed. CPO futures traded volume was low and the pace of trading sluggish after weeks of volatility at mid-day close today.