NOFOTA stands for Netherlands Oils, Fats and Oilseeds Trade Association, being the Dutch umbrella-organisation of companies concerned with the production, consumption and trade of vegetable and animal oils and fats, oilseeds and their derivatives.
NOFOTA is founded in 1918, established as the Nederlandsche Bond voor den Handel in Vetten, Oliën en Oliezaden, has approximately 150 members. A-members (kindred organisations), B-members (producers, consumers, traders and brokers) and C-members (organisations concerned with the production and trade such as storage companies, laboratories, banks etc.).
It draws up standard contracts, which are of international usage (NOFOTA Trading Rules latest version (as from 1 July 2019). Moreover it provides a mechanism for the settlement of disputes by its arbitration institute.
venue: WTC Building, Rotterdam
Venue: Grand Elysee Hotel, Hamburg
venue: Unknown yet
The Dutch Meat Importers Association DMIA announced to stop using NOFOTA standard contracts for meat products as well as the arbitration facilities. Since many many years NOFOTA publishes the standard contract Nos. 15, 26 and 27. This will ends as…read more
Commodity price volatility reaches unprecedented levels. What can you do to manage this volatility and at the same time capitalize on market opportunities. On November 13, 2020 professor Joost Pennings will give you answers. For more information please click here.read more
The Annual General Meeting will take place on Thursday 22 April 2021. Whether or not this will be held physically and combined with the Annual Dinner depends on the COVID-19 situation that time. Members are kept informed via website and…read more
During the Annual General Meeting of 27 May 2020 the members have accepted the Council’s proposal to elect Mr. Evert Schimmel as Honorary Member. Mr. Schimmel has been a Council member in two periods. The first period was 1991-1999, in…read more