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	29.49	-1.15	+200H	694	70	764	7890
Soybean oil, Argentina	Mar-20	29.49	-1.15	+160H	685	70	755	6360
	Apr-20	29.87	-1.14	+80K	676	70	746	6280
	May/Jun/Jul-20	30.26	-1.12	-10N	665	70	735	6190
Soybean Oil, Brazil	Mar-20	29.49	-1.15	+230H	701	70	771	6480
	Apr-20	29.87	-1.14	+90K	678	70	748	6290
	Jun/Jul-20	30.26	-1.12	+30N	674	70	744	6270

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