Soybean Oil Futures Calculator
ZL · CBOT · tick 0.01 = $6.00 · point = $600.00
Worked example — A 10-tick move on 1 Soybean Oil contract (ZL) is $60.00 — tick size 0.01 × tick value $6.00.
| Exchange | CBOT |
| Symbol | ZL |
| Contract unit | 60,000 lbs |
| Tick size | 0.01 |
| Tick value | $6.00 |
| Point value | $600.00 |
| Quote note | quoted in cents/lb |
Full contract details: Soybean Oil specifications · positioning: Soybean Oil COT report · history: CSV.
FAQ
- What is one tick worth on Soybean Oil (ZL)?
- $6.00 per contract — the contract moves in 0.01 increments.
- What is a full point worth on ZL?
- $600.00 per contract (tick value ÷ tick size).
- How much is a 10-tick move on ZL?
- $60.00 per contract.
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Calculators are arithmetic on contract specifications, not advice. Futures trading involves substantial risk of loss. Specs from exchange sources, verified 2026-07-25 — methodology.