Mercantile Exchange
Of VietNam

Soybean Meal

  • CBOT Soybean Meal

    Trading Screen Product Name

    CBOT Soybean Meal

    Commodity Code

    ZME

    Contract Size

    100 short tons  (~ 91 metric tons) / lot

    Price Quotation

    US dollar and cents/ short tons

    Trading Hours

    Monday-Friday
    Session 1: 07:00 A.M - 07:45 P.M

    Session 2: 08:30 P.M - 01:20 A.M (the next day)

    Minimum Price Fluctuation

    0.1 USD / short ton

    Contract Series

    January, March, May, July, August, September, October, and December.

    Delivery Registration Day

    The fifth business day prior to the First Notice Day

    First Notice Day

    The last business day of the month prior to the contract month.

    Last Trading Day

    The business day prior to the 15th calendar day of the contract month.

    Margin

    As MXV required

    Position Limit

    As MXV required

    Price Limit

    Daily Price Limit

    Expanded Price Limit

    $30/ton

    $45/ton

    Settlement Method

    Deliverable

    Quality Standards

    Soybean Meal meeting the requirements listed in the CBOT Rules and Regulations.