Soybean oil 2201 contract to January 2022 when to change 2205. soybean oil 2201 contract refers to the January 2022 expiration of the contract, the investor can only hold the futures contract to the last trading day of December 2021, the futures code on the number on behalf of the contract expiration time. So according to several major domestic futures exchanges position limit regulations, as well as expiration date regulations, Dalian and Zhengzhou futures contracts, are allowed to hold positions until the end of the month before the delivery month.

I, soybean oil futures

Soybean oil futures is the second commodity futures varieties approved in 2006, in January 9, 2006 in the Dalian Commodity Exchange officially listed. It is mainly used for cooking, food, industry and medicine.

Two, soybean oil futures contracts

1, the delivery of the underlying

Soybean oil is the soybean processing of oil and grease products in general, soybean oil according to its degree of processing can be divided into soybean crude oil and finished soybean oil. In China, soybean crude oil (also known as gross oil) is mainly for the plant's intermediate products, China's imports of soybean oil are all soybean crude oil. Because soybean crude oil has a large trade volume, uniform quality, easy to store, and international spot and futures market convergence and other advantages, so it is more suitable for futures trading varieties.

2, delivery grade

Dalian Commodity Exchange soybean oil delivery quality standards. Soybean oil futures delivery quality standards to China's soybean oil national standard as a blueprint, the project settings, value selection is basically the same, at the same time with the development of the spot market does not match the individual indicators and values for fine-tuning. Such as the increase in the national standard in the absence of but spot enterprises commonly used in the phosphorus content indicators, and the design of phosphorus content ≤ 200mg / kg, the acid value from the national standard of ≤ 4.0mg KOH / g adjusted to ≤ 3.0mg KOH / g. In this way, the domestic soybean crude oil basically able to meet the delivery standards; imported soybean oil in the solvent residue and other indicators may not meet the standards. However, after simple processing, imported soybean oil can fully meet the futures delivery quality standards. At the same time to simplify the contract, soybean oil futures do not set grade premium and discount.

3, delivery location

Dalian Commodity Exchange designated delivery warehouse. In accordance with the pattern of soybean oil production, circulation, soybean oil contract delivery place set up in Zhangjiagang Shanghai, Tianjin and Lianyungang Rizhao area, which Lianyungang Rizhao area of the delivery depot for the non-baseline delivery depot, can be discounted by 50 yuan / ton for delivery. Zhangjiagang Shanghai and Rizhao area is also a soybean 2 contract, soybean meal contract delivery place, so that the delivery location is conducive to soybean 2, soybean meal and soybean oil contract arbitrage trading and value-added operations.

4, trading unit

10 tons / hand. Spot market soybean oil transportation tanker minimum load is generally 10 tons, the soybean, soybean meal contract trading unit is 10 tons / hand. In order to align with the spot market, to facilitate cross-species arbitrage trading, soybean oil contract trading unit is set at 10 tons / hand.