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Contract specifications
- Contract symbol
- ZLN9
- Product
- Soybean Oil (ZL)
- Exchange
- CBOT
- Delivery month
- July 2029 (code N)
- Last trading day
- July 13, 2029
- Default rolls on
- July 9, 2029 (4 days before)
- Tick size
- 0.01
- Tick value
- $6.00
- Point value
- $600.00
- Next delivery
- ZLQ9 (August 14, 2029)
When ZLN9 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZLN9 that falls on July 13, 2029.
Senzoukria stops offering ZLN9 as the default contract on July 9, 2029, 4 calendar days before that last trading day, and keeps it selectable with a badge. The date is computed from the exchange rule rather than stored. The engine counts Monday to Friday and holds no CME holiday table, so a date that falls next to a public holiday can be one day off the exchange calendar. Check the exchange calendar when the date sits close to a holiday.
When the volume actually leaves
Grain contracts follow the crop calendar rather than the quarter, so the listed months are uneven and the roll dates do not fall at regular intervals. The active month is the one carrying the volume, not the nearest by date.
For ZLN9 the next listed delivery is ZLQ9, whose last trading day is August 14, 2029. That is the contract the volume moves into, just as it moved out of ZLK9 on May 10, 2029.
What one tick is worth on ZLN9
The minimum price fluctuation is 0.01, which is $6.00 per contract on a multiplier of 600. A full point is therefore $600.00. On a footprint chart one row is one tick, so the same vertical space holds a different number of rows depending on the product: a tick of 0.01 sets how finely the bid and ask volume of ZL can be read.
These are the values the app itself trades on, taken from its contract table rather than retyped, so the P&L shown on a ZLN9 position and the rows of its footprint come from the same numbers.
Every ZL delivery listed in 2029
ZL lists 8 delivery months a year (F, H, K, N, Q, U, V, Z). ZLN9 is number 4 of 8 in 2029.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| ZLF9 | Jan 2029 | Jan 12, 2029 | Jan 8, 2029 |
| ZLH9 | Mar 2029 | Mar 14, 2029 | Mar 10, 2029 |
| ZLK9 | May 2029 | May 14, 2029 | May 10, 2029 |
| ZLN9 (this page) | Jul 2029 | Jul 13, 2029 | Jul 9, 2029 |
| ZLQ9 | Aug 2029 | Aug 14, 2029 | Aug 10, 2029 |
| ZLU9 | Sep 2029 | Sep 14, 2029 | Sep 10, 2029 |
| ZLV9 | Oct 2029 | Oct 12, 2029 | Oct 8, 2029 |
| ZLZ9 | Dec 2029 | Dec 14, 2029 | Dec 10, 2029 |
Related pages
- ZL — Soybean Oil
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Back month contract
- ZLQ9
- ZLK9
- ZL 2029
- ZMN9
In the same section
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Frequently asked questions
- When does ZLN9 expire?
- The last trading day of ZLN9 is July 13, 2029. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZLN9?
- The app switches its default to the next listed month on July 9, 2029, which is ZLQ9. In practice the volume moves before the calendar does, so compare the traded volume and open interest of the two months rather than waiting for the last trading day.
- How much is one tick of ZLN9 worth?
- One tick of 0.01 is $6.00 per contract, and a full point is $600.00, on a multiplier of 600.