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	27.67	+0.13	+200K	654	70	724	7420
Soybean oil, Argentina	Apr-20	27.67	+0.13	+20K	615	70	685	5730
	May/Jun/Jul-20	28.02	+0.12	-10N	616	70	686	5730
	Aug/Sep-20	28.35	+0.10	-20U	621	70	691	5780
Soybean Oil, Brazil	Apr-20	27.67	+0.13	+30K	617	70	687	5740
	Jun/Jul-20	28.02	+0.12	0N	618	70	688	5750
	Aug/Sep-20	28.35	+0.10	0U	625	70	695	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