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	33.03	-0.27	+250H	783	70	853	8620
Soybean oil, Argentina	Feb-20	33.03	-0.27	+330H	801	70	871	7170
	Mar-20	33.03	-0.27	+230H	779	70	849	6990
	Apr-20	33.37	-0.27	+120K	762	70	832	6850
	May/Jun/Jul-20	33.74	-0.27	+70N	759	70	829	6830
Soybean Oil, Brazil	Feb-20	33.03	-0.27	+360H	808	70	878	7230
	Mar-20	33.03	-0.27	+260H	786	70	856	7050
	Apr/May-20	33.37	-0.27	+110K	760	70	830	6840

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