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	34.38	+0.50	+220F	806	70	876	9020
Soybean oil, Argentina	Feb-20	34.67	+0.51	+180H	804	70	874	7330
	Mar-20	34.67	+0.51	+90H	784	70	854	7170
	May/Jun/Jul-20	35.25	+0.51	-50N	766	70	833	6990
Soybean Oil, Brazil	Feb-20	34.67	+0.51	+200H	808	70	878	7370
	Mar-20	34.67	+0.51	+110H	788	70	858	7210
	Apr/May-20	34.95	+0.49	-10K	768	70	838	7030

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