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	32.60	+0.37	+220F	767	70	837	8610
Soybean oil, Argentina	Jan-20	32.60	+0.37	160F	754	70	824	6910
	Mar-20	32.87	+0.36	50H	736	70	806	6760
	May/Jun/Jul-20	33.41	+0.32	-70N	721	70	791	6640
Soybean Oil, Brazil	Jan-20	32.87	+0.36	160H	760	70	830	6960
	Mar-20	32.87	+0.36	70H	740	70	810	6800
	Apr/May-20	33.13	+0.34	-10K	728	70	798	6700

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