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	Apr-20	26.85	+0.35	+180K	632	67	699	7320
Soybean oil,      Argentina	Apr-20	26.85	+0.35	+60K	605	67	672	5740
	Jun/Jul-20	27.22	+0.36	-40U	591	67	658	5620
	Jun/Sep-20	27.56	+0.38	-40U	599	67	666	5690
	Oct/Nov/Dec-20	28.07	+0.34	-40Z	610	67	677	5780
Soybean Oil,           Brazil	May-20	26.85	+0.35	+60K	605	67	672	5740
	Jun/Jul-20	27.22	+0.36	-30U	594	67	661	5650
	Oct/Nov/Dec-20	28.07	+0.34	-30Z	612	67	679	5800

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