COCONUT OIL CONTRACT TO CHANGE - DUTCH TRADERS Contract terms for trade in coconut oil are to be changed from long tons to tonnes with effect from the Aug/Sep contract onwards, Dutch vegetable oil traders said. Operators have already started to take account of the expected change and reported at least one trade in tonnes for Aug/Sept shipment yesterday. The Federation of Oils Seeds and Fats Associations, FOSFA, in London said it had previously advised traders to adopt the metric system for coconut oil transactions to bring the commodity into line with other vegetable oils.