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	32.23	+0.79	+220F	759	70	829	8500
Soybean oil, Argentina	Jan-20	32.23	+0.79	190F	752	70	822	6870
	Mar-20	32.51	+0.80	90H	736	70	806	6740
	May/Jun/Jul-20	33.09	+0.79	-40N	720	70	790	6610
Soybean Oil, Brazil	Jan-20	32.23	+0.79	220F	759	70	829	6930
	Mar-20	32.51	+0.80	100H	738	70	808	6760
	Apr/May-20	32.79	+0.79	10K	725	70	795	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