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	34.35	-0.29	+220H	806	70	876	8910
Soybean oil, Argentina	Feb-20	34.35	-0.29	+310H	826	70	896	7420
	Mar-20	34.35	-0.29	+230H	808	70	878	7270
	May/Jun/Jul-20	35.00	-0.28	+50N	783	70	853	7070
Soybean Oil, Brazil	Feb-20	34.35	-0.29	+320H	828	70	898	7440
	Mar-20	34.35	-0.29	+260H	815	70	885	7330
	Apr/May-20	34.66	-0.28	+100K	786	70	856	7090

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