Soybean Oil
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CBOT Soybean Oil
Trading Screen Product Name
CBOT Soybean Oil
Commodity Code
ZLE
Contract Size
60 000 pound / lot
Price Quotation
cent / pound
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
0.01 cent /pound
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
$0.030/pound
$0.045/pound
Settlement Method
Deliverable
Quality Standards
Crude soybean oil meeting CBOT-approved grades and standards