Product	Delivery	CBOT	Var.	Basis	FOB	Freight	CNF China	Duty Paid
		￠/lb	￠/lb	0.01￠/lb	USD/mT	USD/mT	USD/mT	RMB/mT
Soybean oil,     US Gulf	Nov/Dec-19	30.69	-0.51	+200Z	721	65	786	8130
Soybean oil, Argentina	Dec-19	30.69	-0.51	110Z	701	65	768	6460
	Jan/Feb-20	31.16	-0.53	80H	705	65	770	6500
	May/Jun/Jul-20	31.78	-0.49	-50N	690	65	755	6370
Soybean Oil, Brazil	Dec-19	30.69	-0.51	140Z	707	65	772	6510
	Jan-20	30.88	-0.53	120F	707	65	772	6510
	Feb-20	31.16	-0.53	100H	709	65	774	6530
	Apr/May-20	31.47	-0.53	-20K	690	65	755	6370

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