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 |