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	Mar-20	29.74	+0.58	+200K	700	70	770	7870
Soybean oil, Argentina	Mar-20	29.74	+0.58	+40K	665	70	735	6130
	Apr-20	29.74	+0.58	+50K	667	70	737	6140
	May/Jun/Jul-20	30.05	+0.55	-20N	658	70	728	6070
Soybean Oil, Brazil	Apr-20	29.74	+0.58	+60K	669	70	739	6160
	Jun/Jul-20	30.05	+0.55	0N	663	70	733	6110
	Aug/Sep-20	30.28	+0.47	+20U	672	70	742	6180

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