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	31.68	+0.09	+200F	742	65	807	8360
Soybean oil, Argentina	Jan-20	31.68	+0.09	190F	740	65	805	6800
	Mar-20	31.95	+0.09	110H	728	65	793	6700
	May/Jun/Jul-20	32.54	+0.07	-10N	715	65	780	6590
Soybean Oil, Brazil	Jan-20	31.68	+0.09	220F	747	65	812	6860
	Mar-20	31.95	+0.09	110H	728	65	793	6700
	Apr/May-20	32.23	+0.07	50K	722	65	787	6650

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