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	30.48	-0.09	+220H	721	70	791	8160
Soybean oil, Argentina	Mar-20	30.48	-0.09	+230H	723	70	793	6670
	Apr-20	30.84	-0.10	+110K	704	70	774	6510
	May/Jun/Jul-20	31.22	-0.11	+10N	691	70	761	6400
Soybean Oil, Brazil	Mar-20	30.48	-0.09	+230H	723	70	793	6670
	Apr-20	30.84	-0.10	+110K	704	70	774	6510
	Jun/Jul-20	31.22	-0.11	+40N	697	70	767	6450

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