Used Cooking Oil Price Trend | Forecast, Chart, Prices & Index

The Used Cooking Oil Price Trend in Q2 2026 showed a clear increase across all five monitored export markets, supported by firm demand from biodiesel and renewable fuel producers and limited collection volumes. India and Malaysia recorded the strongest quarterly gains of around 13%, while Singapore followed with an increase of 11%. 

Vietnam and Peru also experienced price growth, although their gains were more moderate. However, June 2026 brought a sudden change in the market, as Used Cooking Oil Prices declined across all monitored regions by around 14% to 18%. This movement highlighted how quickly prices can change when buyers adjust their purchasing plans after a period of rising values.

Overview of the Used Cooking Oil Market in Q2 2026

Used cooking oil has become an important raw material for the renewable fuel industry. It is collected from restaurants, hotels, food processing facilities, commercial kitchens, and other food businesses. After collection and processing, this oil can be used as a feedstock for biodiesel and other renewable fuel applications.

Because of this growing industrial use, the market depends on two important factors: the amount of used oil available for collection and the level of demand from fuel producers. When buyers need more material than collectors and processors can supply, prices generally come under upward pressure. This was the main situation observed across the monitored export markets during Q2 2026.