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/Feb-20	34.64	+0.08	+220H	812	70	882	9000
Soybean oil, Argentina	Feb-20	34.64	+0.08	+300H	830	70	900	7480
	Mar-20	34.64	+0.08	+230H	815	70	885	7360
	May/Jun/Jul-20	35.28	+0.11	+50N	789	70	859	7140
Soybean Oil, Brazil	Feb-20	34.64	+0.08	+310H	832	70	902	7500
	Mar-20	34.64	+0.08	+230H	815	70	885	7360
	Apr/May-20	34.94	+0.09	+70K	786	70	846	7120

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