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	35.17	+0.44	+220F	824	70	894	9180
Soybean oil, Argentina	Feb-20	35.45	+0.41	+190H	823	70	893	7480
	Mar-20	35.45	+0.41	+110H	805	70	875	7330
	May/Jun/Jul-20	36.04	+0.43	-50N	783	70	853	7150
Soybean Oil, Brazil	Feb-20	35.45	+0.41	+200H	825	70	895	7490
	Mar-20	35.45	+0.41	+120H	808	70	878	7350
	Apr/May-20	35.75	+0.43	-10K	786	70	856	7170

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