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	27.54	-1.21	+200K	651	70	721	7370
Soybean oil, Argentina	Mar-20	27.54	-1.21	+80K	625	70	695	5800
	Apr-20	27.54	-1.21	+60K	620	70	690	5750
	May/Jun/Jul-20	27.90	-1.20	+10N	617	70	687	5730
Soybean Oil, Brazil	Apr-20	27.54	-1.21	+70K	623	70	693	5780
	Jun/Jul-20	27.90	-1.20	+20N	620	70	690	5750
	Aug/Sep-20	28.25	-1.13	+20U	627	70	697	5810

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