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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 - 19:45 • Session 2: 20:30 - 01:20 (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: $0.040/pound Expanded Price Limit: $0.060/pound

Settlement Method

Deliverable

Quality Standards

Crude soybean oil meeting CBOT-approved grades and standards


CONTRACT SPECIFICATION

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Market Overview

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