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	33.30	-0.77	+250H	789	70	859	8700
Soybean oil, Argentina	Mar-20	33.30	-0.77	+230H	785	70	855	7060
	Apr-20	33.64	-0.76	+120K	768	70	838	6920
	Apr/May-20	33.64	-0.76	+100K	764	70	834	6890
	May/Jun/Jul-20	34.01	-0.75	+50N	761	70	831	6860
Soybean Oil, Brazil	Feb-20	33.30	-0.77	+340H	809	70	879	7260
	Mar-20	33.30	-0.77	+260H	792	70	862	7120
	Apr/May-20	33.64	-0.76	+100K	764	70	834	6890

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