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	33.82	+0.68	+220F	794	70	864	8900
Soybean oil, Argentina	Jan-20	33.82	+0.68	+190F	787	70	857	7200
	Feb-20	34.10	+0.67	+150H	784	70	854	7170
	Mar-20	34.10	+0.67	+60H	765	70	835	7020
	May/Jun/Jul-20	34.62	+0.67	-80N	745	70	815	6850
Soybean Oil, Brazil	Feb-20	34.10	+0.67	140H	782	70	852	7160
	Mar-20	34.10	+0.67	70H	767	70	837	7030
	Apr/May-20	34.36	+0.66	-20K	753	70	823	6920

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