NIOP Trading Rules

NIOP Trading Rules

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The National Institute of Oilseed  Products’ Trading Rules are recognized worldwide as the standard for  the trade and transportation of uniform high quality vegetable oil and  oilseeds. These rules provide specifications for vegetable oil quality and  descriptions and terms for seeds, nuts, and meals and cover types of sales and  contracts, shipment terms, tank cars, trucks, barges and containers, performance  of quantity specifications, quality specifications, survey procedures,  acceptable NIOP Prior Cargo (pdf) and many other  aspects of trading in vegetable oils. You will also find information on  chemists, samplers, and weighers, methods of analysis, guidelines for storage  and transport of edible oils and Tank Truck Guidelines.

These rules   are updated on a regular basis to reflect changing practices in the trade. These   rules provide specifications for vegetable oil quality and descriptions and   terms for seeds, nuts, and meals. The specifications   serve as the foundation for sales and   contracts, definition of   shipping terms   for   cargoes carried by tank cars,   trucks, barges and containers. Performance of quantity specifications, quality specifications, survey   procedures, acceptable NIOP Prior Cargo (pdf) and many other aspects of trading in vegetable oils   rely on   the trading rules.

Printed  complete, looseleaf copies of the Trading Rules can be ordered from NIOP  Headquarters.

To order, you can print an Order Form, or  contact NIOP Headquarters at 202-591-2461.

View the NIOP Trading Rules (NIOP Members Only).