Product	Month	CNF China	Duty Paid	DCE Soyoil		Import Margin	Spot GB Grade 3	Spread
	(Delivery)	USD/mT	RMB/mT	Matching Contract	Future
Soybean oil,              US Gulf	Nov/Dec-19	773	8040	Y2001	6140	-1900	6200	-1840
Soybean oil,      Argentina	Nov-19	720	6110	Y2001	6140	30	6200	90
	Dec-19	720	6110	Y2001	6140	30	6200	90
	Apr/May-20	717	6090	Y2009	6110	20	6200	110
Soybean Oil,           Brazil	Dec-19	733	6220	Y2001	6140	-80	6200	-20
	Jan/Feb-20	735	6240	Y2005	6110	-130	6200	-40
	Mar-20	728	6180	Y2005	6110	-70	6200	20

Duty paid price includes the port charge (Port Charge= RMB 80 yuan).
Freight is subject to change and for reference only.
The quotation in actual transaction shall prevail.
The tariff for soybean oil from Argentina and Brazil is 9%, and the addtional tariff for US soybean oil is 25%.
F=Jan，G=Feb，H=Mar，J=Apr，K=May，M=Jun，N=Jul，Q=Aug，U=Sept，V=Oct，X=Nov，Z=Dec