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	30.47	+0.28	+200F	716	65	781	8110
Soybean oil, Argentina	Jan-20	30.47	+0.28	150F	705	65	770	6520
	Mar-20	30.76	+0.27	80H	696	65	761	6450
	May/Jun/Jul-20	31.41	+0.25	-20N	688	65	753	6380
Soybean Oil, Brazil	Jan-20	30.47	+0.28	170F	709	65	774	6560
	Mar-20	30.76	+0.27	110H	703	65	768	6510
	Apr/May-20	31.10	+0.28	20K	690	65	755	6400

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