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	30.62	-0.35	+220H	724	70	794	8160
Soybean oil, Argentina	Mar-20	30.62	-0.35	+240H	728	70	798	6680
	Apr-20	30.99	-0.35	+120K	710	70	780	6530
	May/Jun/Jul-20	31.37	-0.33	+20N	696	70	766	6420
Soybean Oil, Brazil	Mar-20	30.62	-0.35	+260H	733	70	803	6720
	Apr-20	30.99	-0.35	+120K	710	70	780	6530
	Jun/Jul-20	31.37	-0.33	+40N	701	70	771	6460

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