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	33.88	+0.10	+220F	795	70	865	8900
Soybean oil, Argentina	Feb-20	34.16	+0.11	+180H	793	70	863	7240
	Mar-20	34.16	+0.11	+90H	773	70	843	7080
	May/Jun/Jul-20	34.74	+0.09	-60N	752	70	822	6900
Soybean Oil, Brazil	Feb-20	34.16	+0.11	+190H	795	70	865	7260
	Mar-20	34.16	+0.11	+100H	775	70	845	7090
	Apr/May-20	34.46	+0.11	-20K	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