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	30.50	+0.03	+200F	716	65	781	8100
Soybean oil, Argentina	Jan-20	30.50	+0.03	170F	710	65	775	6560
	Mar-20	30.79	+0.03	120H	705	65	770	6510
	May/Jun/Jul-20	31.43	+0.02	-10N	690	65	755	6390
Soybean Oil, Brazil	Jan-20	30.50	+0.03	210F	718	65	783	6620
	Mar-20	30.79	+0.03	150H	712	65	777	6570
	Apr/May-20	31.12	+0.02	40K	695	65	760	6430

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