[13M] CME CBOT: ZL Soybean Oil Futures CFD

Bottom small charts : Year, Week and Day.



Soybean Oil Futures (CME CBOT: ZL) :
Soybean oil is a vegetable oil extracted from the seeds of the soybean, and It is one of the most widely consumed cooking oils. As a drying oil, processed soybean oil is also used for printing inks and oil paints.

Contract Size : 60,000 pounds (lbs) (~ 27 metric tons)
Price Quotation : Cents per pound
Minimum Price Movement : 1/100 of a cent ($0.0001) per pound ($6.00 per contract)
Settlement : Physical delivery

Listed Contracts : 15 monthly contracts of Jan, Mar, May, Aug and Sep listed annualy and 12 monthly contracts of Jul, Oct and Dec listed annually.

Grade And Quality : Crude soybean oil meeting exchange-approved grades and standards-see exchange Rules and Regulations for exact specifications.

Last Delivery Date : Seventh business day following the last trading day of the delivery month.

Termination Of Trading : Trading terminates on business day before the 15th day of the contract month.

Trading Hours :
Chicago
(1) 19:00 ~ 07:45 (Sunday – Friday, 7:00 p.m. – 7:45 a.m. CT)
(2) 08:30 ~ 13:20 (Monday – Friday, 8:30 a.m. – 1:20 p.m. CT)
Singapore
(1) 09:00 ~ 21:45
(2) 22:30 ~ 03:20



Wheat prices seasonal pattern
Post-Harvest Rise (Fall/Winter): As the harvest concludes, prices often recover due to storage costs, financing, and tighter supply.
Harvest Lows (Summer May–August): As wheat is harvested, the influx of supply tends to push prices down.

Corn prices seasonal pattern
Planting/Spring Rally (April - June): Uncertainty about acres planted and spring weather often creates a "weather market" that lifts prices.
Harvest Lows (August - October): As supply becomes abundant, prices typically hit their lowest points of the year.

Soybean prices seasonal pattern
Peak Period: Highs are most common in May, June, and July, when weather risks are highest for the US crop.
Harvest Pressure: Prices frequently bottom out in October, November, or early winter as the largest supply enters the market. Prices can sometimes strengthen after harvest, particularly if South American weather causes supply concerns. South American harvest (roughly March-May, South American Impact)

Soybean Oil prices seasonal pattern
Winter/Spring Rally (Dec–May): Prices often increase through winter into May as storage costs are needed to encourage supply and as marketing years progress.
Harvest Low (Oct/Nov): Soybean prices tend to be lowest in October, when new-crop soybeans become available, bringing down soybean oil prices as supply increases.