Ref.Soya oil trading range for the day is 640-650. Ref soyoil ended with losses tracking weakness in spot demand amid higher stock levels in the domestic market.The area under the crop fell as some farmers are shifting to more profitable crops such as cotton, as oilseeds fetched poor returns last season. In Madhya Pradesh, the acreage of the crop was at 40.1 lakh ha, down from 49.7 lakh ha in the previous year. At the Indore spot market in Madhya Pradesh, soyoil was steady at 634.1 Rupees per 10 kgs.
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