05.01.2021 (www.todayonline.com) - Jan 5 - Malaysian Palm Oil Council CEO Kalyana Sundram told a virtual palm oil conference on Tuesday:

* INDIA'S 2020 MALAYSIAN PALM OIL IMPORTS ESTIMATED AT 2.43 MILLION T

* 2021 CRUDE PALM OIL EXPORT TO INDIA LIKELY TO STAY STRONG AS CURRENT INDONESIAN EXPORT LEVY WILL GIVE A PRICE ADVANTAGE TO MALAYSIA

* MALAYSIAN PALM OIL IMPORTS BY CHINA TOTALED 2.83 MILLION T IN 2020

* PALM OIL IMPORT BY CHINA IN 2021 WILL BE CHALLENGED DUE TO LOWER PRICES OF OTHER VEGETABLE OILS

* MALAYSIA 2021 CRUDE PALM OIL PRODUCTION ESTIMATED AT 19.6 MILLION T

* INDONESIA CRUDE PALM OIL PRODUCTION IN 2021 ESTIMATED AT 45 MILLION T

* MALAYSIAN 2021 CRUDE PALM OIL EXPORTS ESTIMATED TO RISE TO 4.5 MILLION T

* INDONESIAN 2021 CRUDE PALM OIL EXPORTS ESTIMATED TO RISE TO 6.4 MILLION T

* SUPPLY AND DEMAND SCENARIO LIKELY TO CREATE LOW MONTH ENDING STOCKS FOR MUCH OF 2021, WITH LOW MONTHLY STOCKS TRENDING BELOW 1.5 MILLION T

* MALAYSIA LIKELY TO SEE CRUDE PALM OIL SUPPLY DEFICIT OF 500,000 MILLION TONNES

* MALAYSIAN PALM OIL COUNCIL EXPECTS CRUDE PALM OIL PRICE TO AVERAGE AT 3,650 RGT/T IN Q1

* MALAYSIAN PALM OIL COUNCIL EXPECTS 2021 CRUDE PALM OIL PRICE TO AVERAGE AT 3,217 RGT/T Source text for Eikon: Further company coverage: [ ] REUTERS

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