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	28.83	-0.24	+200H	680	70	750	7750
Soybean oil, Argentina	Mar-20	28.83	-0.24	+130H	664	70	734	6180
	Apr-20	29.19	-0.26	+70K	659	70	729	6140
	May/Jun/Jul-20	29.56	-0.27	0N	652	70	722	6080
	Aug/Dec-20	30.35	-0.26	-10Z	667	70	737	6210
Soybean Oil, Brazil	Apr-20	29.19	-0.26	+90K	663	70	733	6170
	Jun/Jul-20	29.56	-0.27	+30N	658	70	728	6130
	Aug/Sep-20	29.89	-0.27	+20U	663	70	733	6170

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