Ref.Soya oil settled down on late profit booking after prices rose on fear of lower stockplies of the bean in the United States.
Further, concerns over the production of summer-sown crops due to forecast of lower rainfall, too supported prices.
The latest data shows a steady sowing progress in oilseeds planting which has increased from 0.78 lakh ha to 1.23 lakh ha.
At the Indore spot market in Madhya Pradesh, soyoil was steady at 705.25 rupees per 10 kgs.
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