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	30.42	+0.05	+200Z	715	65	780	8070
Soybean oil, Argentina	Jan-20	30.58	+0.08	90F	694	65	759	6400
	Jan/Feb-20	30.85	+0.06	90H	700	65	765	6450
	Apr/May/Jun/Jul-20	31.47	+0.02	-50N	683	65	748	6310
	May/Jun/Jul-20	31.47	+0.02	-40N	685	65	750	6330
Soybean Oil, Brazil	Jan-20	30.58	+0.08	160F	710	65	775	6540
	Feb-20	30.85	+0.06	120H	707	65	772	6510
	Apr/May-20	31.18	+0.06	0K	688	65	753	6350

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