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	31.22	+0.72	+200F	733	65	798	8250
Soybean oil, Argentina	Jan-20	31.22	+0.72	180F	728	65	793	6690
	Mar-20	31.50	+0.71	120H	721	65	786	6630
	May/Jun/Jul-20	32.13	+0.70	10N	711	65	776	6550
Soybean Oil, Brazil	Jan-20	31.22	+0.72	220F	737	65	802	6760
	Mar-20	31.50	+0.71	130H	723	65	788	6650
	Apr/May-20	31.82	+0.70	50K	713	65	778	6560

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