EPIC RESEARCH NCDEX UPDATE OF REF SOYA OIL 11 OCTOBER 2017

• Ref.Soya oil trading range for the day is 659-667.
  
• Ref soyoil ended with losses amid profit booking after prices seen supported by good retail demand as festival season in the country.
• Soybean acreage in India was at 10.16 mln ha in 2017-18 (Jul-Jun), down from 10.97 mln ha in the year-ago period, SOPA said.
• The oilseed's production in Madhya Pradesh was estimated at 4.54 mln tn, down from 5.72 mln tn a year ago.
• At the Indore spot market in Madhya Pradesh, soyoil was steady at 655.6 Rupees per 10 kgs.

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