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	27.53	-0.14	+200K	651	70	721	7420
Soybean oil, Argentina	Apr-20	27.53	-0.14	+10K	609	70	679	5700
	May/Jun/Jul-20	27.88	-0.14	-20N	610	70	680	5710
	Aug/Sep-20	28.22	-0.13	-40U	613	70	683	5730
Soybean Oil, Brazil	Apr-20	27.53	-0.14	+30K	614	70	684	5740
	Jun/Jul-20	27.88	-0.14	0N	615	70	685	5750
	Aug/Sep-20	28.22	-0.13	0U	622	70	692	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