The FT-NIR technology is fast (30s measurment) and can analysis multi-components with only one measurement. In addition, it is a non-destructive method without any sample preparation, and does not require the use of any solvents or reagents, which easily allows to perform real time measurement resulting in huge time and cost savings. The technique is well recognized and AOCS method Cd1e-01 uses FT-NIR to measure Iodine Value (IV).