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Contract specifications
- Contract symbol
- ZLU0
- Product
- Soybean Oil (ZL)
- Exchange
- CBOT
- Delivery month
- September 2030 (code U)
- Last trading day
- September 13, 2030
- Default rolls on
- September 9, 2030 (4 days before)
- Tick size
- 0.01
- Tick value
- $6.00
- Point value
- $600.00
- Next delivery
- ZLV0 (October 14, 2030)
When ZLU0 stops trading
Trading terminates on the business day preceding the 15th calendar day of the contract month. For ZLU0 that falls on September 13, 2030.
Senzoukria stops offering ZLU0 as the default contract on September 9, 2030, 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 ZLU0 the next listed delivery is ZLV0, whose last trading day is October 14, 2030. That is the contract the volume moves into, just as it moved out of ZLQ0 on August 10, 2030.
What one tick is worth on ZLU0
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 ZLU0 position and the rows of its footprint come from the same numbers.
Every ZL delivery listed in 2030
ZL lists 8 delivery months a year (F, H, K, N, Q, U, V, Z). ZLU0 is number 6 of 8 in 2030.
| Contract | Delivery | Last trading day | Default rolls on |
|---|---|---|---|
| ZLF0 | Jan 2030 | Jan 14, 2030 | Jan 10, 2030 |
| ZLH0 | Mar 2030 | Mar 14, 2030 | Mar 10, 2030 |
| ZLK0 | May 2030 | May 14, 2030 | May 10, 2030 |
| ZLN0 | Jul 2030 | Jul 12, 2030 | Jul 8, 2030 |
| ZLQ0 | Aug 2030 | Aug 14, 2030 | Aug 10, 2030 |
| ZLU0 (this page) | Sep 2030 | Sep 13, 2030 | Sep 9, 2030 |
| ZLV0 | Oct 2030 | Oct 14, 2030 | Oct 10, 2030 |
| ZLZ0 | Dec 2030 | Dec 13, 2030 | Dec 9, 2030 |
Related pages
- ZL — Soybean Oil
- Contract roll
- Futures month codes
- Tick value
- Front month contract
- Roll yield
- Back month contract
- ZLV0
- ZLQ0
- ZL 2030
- ZMU0
In the same section
This page in other languages
Frequently asked questions
- When does ZLU0 expire?
- The last trading day of ZLU0 is September 13, 2030. Trading terminates on the business day preceding the 15th calendar day of the contract month.
- When should I roll out of ZLU0?
- The app switches its default to the next listed month on September 9, 2030, which is ZLV0. 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 ZLU0 worth?
- One tick of 0.01 is $6.00 per contract, and a full point is $600.00, on a multiplier of 600.