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	33.79	0.00	+220F	793	70	863	8890
Soybean oil, Argentina	Jan-20	33.79	0.00	+200F	789	70	859	7220
	Feb-20	34.06	-0.01	+180H	790	70	860	7230
	Mar-20	34.06	-0.01	+100H	773	70	843	7090
	May/Jun/Jul-20	34.67	0.00	-50N	753	70	823	6920
Soybean Oil, Brazil	Feb-20	34.06	-0.01	+220H	799	70	869	7300
	Mar-20	34.06	-0.01	+100H	773	70	843	7090
	Apr/May-20	34.36	-0.01	-10K	755	70	825	6930

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