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	Dec-19/Jan-20	30.16	-0.42	+200F	709	65	774	8010
Soybean oil, Argentina	Jan-20	30.16	-0.42	120F	692	65	757	6390
	Jan/Feb-20	30.45	-0.40	130H	700	65	765	6450
	May/Jun/Jul-20	31.11	-0.36	-40N	677	65	742	6270
Soybean Oil, Brazil	Jan-20	30.16	-0.42	140F	696	65	761	6420
	Feb-20	30.45	-0.40	150H	705	65	770	6500
	Apr/May-20	30.79	-0.39	-10K	677	65	742	6270

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