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	Jan-20	34.97	+0.48	+220F	820	70	890	9120
Soybean oil, Argentina	Feb-20	35.24	+0.47	+210H	823	70	893	7460
	Mar-20	35.24	+0.47	+120H	804	70	874	7300
	May/Jun/Jul-20	35.80	+0.44	-50N	778	70	848	7090
Soybean Oil, Brazil	Feb-20	35.24	+0.47	+220H	826	70	896	7480
	Mar-20	35.24	+0.47	+140H	808	70	878	7340
	Apr/May-20	35.52	+0.46	+20K	788	70	858	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