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	28.31	-0.52	+200H	668	70	738	7580
Soybean oil, Argentina	Mar-20	28.31	-0.52	+120H	651	70	721	6040
	Apr-20	28.68	-0.51	+70K	648	70	718	6010
	May/Jun/Jul-20	29.04	-0.52	0N	640	70	710	5950
Soybean Oil, Brazil	Apr-20	28.68	-0.51	+80K	650	70	720	6030
	Jun/Jul-20	29.04	-0.52	+30N	647	70	717	6010
	Aug/Sep-20	29.39	-0.50	+20U	652	70	722	6050

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