Soybean Oil Futures

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Market quotes are powered by TradingView.com About CBOT Soybean Oil Futures

Soybean is an il seed crop with the first purpose of extracting the oil contained within the seeds. Other well-known oil seeds apart from soybeans embrace sunflowers, rapeseed, cotton and peanuts. But in fact, for futures traders, soybeans futures are probably the most well-liked contracts in this category.

Soybean oil is futures are standardized, exchange-traded contracts by which the contract purchaser agrees to take delivery, from the vendor, a particular amount of Soybean oil is at a predetermined price on a future delivery date. Buying and selling hours are in U.S. Central Time until in any other case stated. Soybean oil futures Buying and selling time from Sunday to Friday 6:00 PM- 5:00 PM.

CBOT Soybean Oil Symbol ZL
Contract Size 60,000 pounds (lbs.) (~ 27 metric tons)
Price Quote Cents per pound
Trading Hours Sunday – Friday 7:00 PM – 7:45 AM CT and Monday – Friday 8:30 AM – 1:20 PM CT
Minimum Size Per Contract        1/100 of a cent ($0.0001) per pound ($6.00 per contract)
Soybean Oil Code / Symbol CME Globex: ZL CME ClearPort: 07
Listed Contracts Months  January (F), March (H), May (K), July (N), August (Q), September (U), October (V) & December (Z)