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	33.35	+0.32	+250H	790	70	860	8680
Soybean oil, Argentina	Mar-20	33.35	+0.32	+200H	779	70	849	6990
	Apr-20	33.67	+0.30	+100K	764	70	834	6860
	May/Jun/Jul-20	34.02	+0.28	+70N	765	70	835	6870
Soybean Oil, Brazil	Feb-20	33.35	+0.32	+340H	810	70	880	7240
	Mar-20	33.35	+0.32	+250H	790	70	860	7080
	Apr/May-20	33.67	+0.30	+90K	762	70	832	6850

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