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	30.97	-0.27	+220H	731	70	801	8240
Soybean oil, Argentina	Mar-20	30.97	-0.27	+220H	731	70	801	6720
	Apr-20	31.34	-0.27	+110K	715	70	785	6590
	May/Jun/Jul-20	31.70	-0.27	+20N	703	70	773	6490
Soybean Oil, Brazil	Mar-20	30.97	-0.27	+240H	735	70	805	6750
	Apr-20	31.34	-0.27	+110K	715	70	785	6590
	Jun/Jul-20	31.70	-0.27	+40N	708	70	778	6530

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