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	31.24	-0.08	+220H	737	70	807	8260
Soybean oil, Argentina	Mar-20	31.24	-0.08	+220H	737	70	807	6760
	Apr-20	31.61	-0.08	+100K	719	70	789	6610
	May/Jun/Jul-20	31.97	-0.08	+20N	709	70	779	6530
Soybean Oil, Brazil	Mar-20	31.24	-0.08	+240H	742	70	812	6800
	Apr-20	31.61	-0.08	+70K	712	70	782	6550
	Jun/Jul-20	31.97	-0.08	+40N	714	70	784	6570

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