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	33.95	-0.40	+220H	797	70	867	8780
Soybean oil, Argentina	Feb-20	33.95	-0.40	+300H	815	70	885	7300
	Mar-20	33.95	-0.40	+210H	795	70	865	7140
	May/Jun/Jul-20	34.62	-0.38	+60N	777	70	847	6990
Soybean Oil, Brazil	Feb-20	33.95	-0.40	+300H	815	70	885	7300
	Mar-20	33.95	-0.40	+260H	806	70	876	7230
	Apr/May-20	34.27	-0.39	+80K	773	70	843	6960

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