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	Feb/Mar-20	30.73	+0.44	+220H	726	70	796	8210
Soybean oil, Argentina	Mar-20	30.73	+0.44	+160H	713	70	783	6580
	Apr-20	31.10	+0.45	+50K	697	70	767	6450
	May/Jun/Jul-20	31.48	+0.44	+10N	696	70	766	6440
Soybean Oil, Brazil	Mar-20	30.73	+0.44	+200H	722	70	792	6650
	Apr-20	31.10	+0.45	+60K	699	70	769	6470
	Jun/Jul-20	31.48	+0.44	+40N	703	70	773	6500

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