Used Cooking Oil Price Trend Q2 2026 | Price Trends, Forecast, Chart, Prices and Index

Author : price watch | Published On : 28 Oct 2026

The Used Cooking Oil Price Trend in the second quarter of 2026 showed a clear rise in prices across major export markets, followed by a sharp correction in June. From April to June 2026, prices increased in India, Vietnam, Peru, Malaysia, and Singapore as demand from biodiesel and renewable fuel producers remained strong while the supply of collected used cooking oil stayed limited. 

Quarterly price gains ranged from around 6% to 13%, with India and Malaysia recording the strongest increases. However, the market changed direction in June when buyers reduced their purchases after several weeks of rising prices. This movement shows how changes in supply, demand, collection activities, and buying decisions can influence the global used cooking oil market.

Used cooking oil, commonly known as UCO, is the leftover oil collected from restaurants, hotels, food processing facilities, and other commercial kitchens. Instead of being discarded, this oil can be processed and used as a feedstock for biodiesel and other renewable fuels. 

As interest in alternative fuels continues to support demand, used cooking oil has become an important traded commodity. Its price depends not only on the amount of oil available but also on how efficiently it is collected, processed, transported, and delivered to buyers.

Global Used Cooking Oil Price Trends in Q2 2026

The global Used Cooking Oil Price Trend remained positive throughout most of Q2 2026. Prices moved higher in all five monitored export markets because demand from biodiesel and renewable fuel buyers remained firm. At the same time, collection volumes were not sufficient to meet the interest shown by buyers.

In simple terms, more buyers were looking for available used cooking oil than the collection network could easily supply. When this happens, exporters and processors may need to pay more to secure enough material for their customers. These higher purchasing costs can then influence export prices.

India and Malaysia recorded the largest quarterly increases, with prices rising by approximately 13% in both markets. Singapore followed with an increase of around 11%, while Vietnam recorded growth of approximately 7%. Peru experienced the smallest increase, at around 6%.

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Although the size of the increase differed between countries, the overall direction was similar. Limited supply and steady demand created upward pressure on prices across the monitored markets.

June brought a different situation. After prices had climbed during the quarter, buyers became more cautious about purchasing additional volumes at higher levels. This reduction in procurement led to price declines ranging from around 14% to 18% across the five markets.

The important point is that the second quarter did not show a simple, uninterrupted rise. Instead, it showed two distinct movements: a period of strengthening prices followed by a sharp correction.

Used Cooking Oil Price Trend in India

India recorded one of the strongest performances in the used cooking oil export market during Q2 2026. Export prices on an FOB Nhava Sheva basis for material with a free fatty acid (FFA) level of 5% increased by approximately 13% over the quarter.

The main reason for this increase was the combination of firm biodiesel demand and limited collection volumes. As buyers showed continued interest in used cooking oil, the collection and aggregation network struggled to keep pace with export requirements.

Collecting used cooking oil involves more than simply gathering leftover oil. It requires regular collection from food businesses, proper storage, transportation, quality checks, and delivery to processing facilities. If any part of this process becomes difficult or expensive, the amount available for export can be affected.

During Q2, this supply pressure helped push Indian export valuations to their highest levels of the quarter. Demand from renewable fuel producers also supported prices as buyers continued to look for feedstock for biodiesel production and blending.

However, the market experienced a strong correction in June. Prices fell by approximately 18% as buyers reduced procurement after the earlier increase. This was the largest monthly correction among the five monitored markets.

India's experience highlights an important feature of commodity pricing. Even when demand remains supportive over a longer period, prices can fall quickly if buyers believe that current values have risen too far or decide to delay additional purchases.

Used Cooking Oil Price Trend in Vietnam

Vietnam recorded an increase of around 7% in used cooking oil export prices during Q2 2026. Prices on an FOB Haiphong basis for material with an FFA level of 5% moved upward steadily throughout the quarter.

The market benefited from firm demand from biodiesel buyers, while limited feedstock availability restricted the amount of oil that processors could supply for export. This gap between demand and available material supported gradual price growth.

Compared with India, Vietnam experienced a more moderate increase. Prices moved higher without the same level of sharp upward movement, suggesting a steadier pricing pattern during the quarter.

Demand from renewable fuel buyers remained an important source of support. As used cooking oil is an alternative feedstock for biodiesel production, buyers need a consistent supply of suitable material. When collection volumes remain limited, competition for available oil can increase.

In June, Vietnamese export prices declined by approximately 14%. Buyers reduced their procurement following the earlier gains, bringing prices down from their elevated levels.

Although the correction was significant, the overall quarterly movement remained positive. Vietnam's market demonstrates how prices can rise gradually when supply is restricted and then adjust quickly when purchasing activity slows.

Used Cooking Oil Price Trend in Peru

Peru recorded the smallest quarterly increase among the monitored markets, with used cooking oil export prices rising by approximately 6% in Q2 2026. Prices on an FOB Callao basis for material with an FFA level of 5% followed a steady upward path.

The main factor behind the increase was the continued demand for biodiesel feedstock alongside limited collection volumes. Logistical challenges in gathering and moving used cooking oil restricted the amount available at the export origin.

This is an important consideration because the availability of used cooking oil depends on more than the quantity generated by restaurants and other food businesses. Collection routes, transportation arrangements, storage facilities, and coordination between suppliers also affect how much oil reaches export markets.

When the collection network cannot move material efficiently, the supply available to exporters may remain limited even if used cooking oil is being generated locally.

Peru's prices increased gradually rather than experiencing the stronger gains recorded in India and Malaysia. Demand from renewable fuel buyers continued to provide support during the quarter.

In June, prices declined by approximately 14% as buyers reduced their purchasing activity. This correction followed the earlier upward movement and reflected the wider change in market sentiment across all monitored export markets.

Peru's performance shows that even a market with a relatively modest quarterly price increase can experience a substantial correction when buyers become cautious.

Used Cooking Oil Price Trend in Malaysia

Malaysia was another leading market during Q2 2026, recording a quarterly price increase of approximately 13%. Export prices on an FOB Port Kelang basis for material with an FFA level of 5% rose as limited collection volumes met strong demand from renewable fuel buyers.

Regional biodiesel requirements helped maintain interest in used cooking oil as a feedstock. Buyers continued to compete for available material, placing upward pressure on export valuations.

Malaysia's market also reflects the importance of its position within regional trading and supply networks. When buyers across the region seek similar feedstock, competition for collected oil can increase. This can support prices even when the amount available for export does not grow at the same pace as demand.

Throughout Q2, these conditions helped Malaysian prices move towards their quarterly peak. The market matched India for the strongest overall increase among the five monitored countries.

However, the upward movement did not continue into June. Prices fell by approximately 15% as buyers reduced procurement after the earlier rise.

This decline illustrates why a strong quarterly performance does not always mean prices will continue to rise. Buyers must consider their costs, available stocks, delivery requirements, and the prices they can reasonably pay for future purchases.

Used Cooking Oil Price Trend in Singapore

Singapore recorded a price increase of around 11% during Q2 2026. Export prices on an FOB Port of Singapore basis for material with an FFA level of 5% followed the broader regional trend.

Demand from renewable fuel buyers remained firm, while competition for available feedstock continued to support prices. Regional aggregation hubs also faced pressure as different buyers sought suitable quantities of used cooking oil.

Singapore's role as a regional trading and aggregation location makes the movement of material particularly relevant to market pricing. The availability of collected oil, access to export supply, and competition between buyers can all influence the prices at which material is traded.

During the quarter, prices increased steadily as buyers continued to seek used cooking oil for biodiesel and renewable fuel applications. This supported a relatively strong performance compared with Vietnam and Peru.

In June, prices declined by approximately 16%. The correction occurred as buyers scaled back procurement following the earlier increase in valuations.

Singapore's experience reinforces the broader market pattern seen in Q2 2026. Strong demand and limited supply supported prices during the quarter, but purchasing decisions changed when prices reached elevated levels.

Used Cooking Oil Price Chart: Understanding the Q2 Movement

A Used Cooking Oil Price Chart helps explain how prices changed across markets during the second quarter. Rather than looking at individual price movements in isolation, comparing the percentage changes makes it easier to understand the direction and relative strength of each market.

The following comparison summarises the reported quarterly gains and June corrections.

The comparison highlights three important points.

First, India and Malaysia recorded the strongest increases during the quarter. Their performance reflects the impact of tight collection volumes and firm demand from renewable fuel buyers.

Second, Peru and Vietnam experienced more moderate increases. However, both markets still faced the same broad combination of supply limitations and continued buyer interest.

Third, the June correction affected every market. India experienced the largest decline, while Vietnam and Peru recorded the smallest declines among the five markets.

A useful price chart should therefore show both the quarterly increase and the June reversal. Looking only at the upward movement could give an incomplete picture of market conditions.

Used Cooking Oil Price Index: What It Tells Us

The Used Cooking Oil Price Index provides a way to understand the overall direction of the market across different periods or locations. Instead of focusing only on one export market, an index can help readers follow broader changes in pricing.

During Q2 2026, the index remained supported by demand from biodiesel and renewable fuel industries. Limited collection volumes created supply pressure, helping prices move higher across the monitored markets.

However, an index should not be treated as a guarantee that every market will follow the same path. Different countries have different collection systems, transport costs, export arrangements, and levels of competition among buyers.

For example, India and Malaysia recorded quarterly increases of around 13%, while Peru recorded an increase of around 6%. These differences show why country-level price information remains important when interpreting an overall market index.

The June correction also demonstrates why it is useful to follow the index over time. A market can remain supported by long-term demand while experiencing short-term declines because of changing procurement decisions.

An index is most helpful when it is read alongside actual export prices, regional supply conditions, and changes in buying activity.

Key Factors Affecting Used Cooking Oil Prices

Several factors influenced the Used Cooking Oil Price Trend during Q2 2026.

1. Demand from biodiesel producers

Biodiesel producers require suitable feedstock to maintain production. When demand for used cooking oil increases, buyers may compete more actively for available supplies. This can push prices higher, particularly when collection volumes remain limited.

2. Collection volumes and supply availability

Used cooking oil must be collected from many separate sources before it can be processed or exported. If collection activity does not keep pace with demand, less material becomes available to buyers. This was one of the main reasons prices increased across the five monitored markets.

3. Transportation and logistics

Collection routes, storage facilities, transport availability, and export handling all influence the amount of oil that can reach buyers. Logistical difficulties can reduce effective supply and increase the cost of securing material.

4. Buyer purchasing decisions

Prices also depend on how buyers respond to changing market conditions. During the early part of Q2, firm demand supported higher valuations. In June, buyers reduced procurement after the earlier price increases, contributing to sharp declines.

5. Competition for feedstock

When several buyers seek the same available supply, competition can strengthen prices. Regional demand played an important role in Malaysia and Singapore, while limited collection volumes also supported prices in India, Vietnam, and Peru.

Together, these factors explain why the market experienced both strong quarterly gains and a sharp correction in June.

Used Cooking Oil Price Forecast: What Could Happen Next?

The Used Cooking Oil Price Forecast for the coming period should be approached carefully. The Q2 2026 data show that demand from biodiesel and renewable fuel buyers can support prices when collection volumes remain limited. At the same time, the June correction shows that prices can decline quickly when buyers reduce purchases after a strong rally.

If demand remains firm and collection volumes continue to be restricted, prices could receive further support. Efficient collection systems, reliable suppliers, and consistent access to export-quality material may become increasingly important under these conditions.

On the other hand, if buyers remain cautious after the June correction, trading activity may stay under pressure. Prices could stabilise or experience further adjustments if purchasing volumes remain low.

The outlook may also differ between countries. India and Malaysia entered the correction after the strongest quarterly increases, while Vietnam and Peru recorded smaller gains. These different starting points mean that individual markets may respond differently to changes in demand and supply.

For businesses involved in sourcing, processing, exporting, or using used cooking oil, it is sensible to monitor several indicators together:

• Changes in collection volumes and feedstock availability.

• Demand from biodiesel and renewable fuel producers.

• Export prices and monthly price movements.

• Transportation and aggregation costs.

• Buyer procurement activity after the June correction.

The available Q2 figures do not establish a definite price target for the next quarter. A reliable forecast would require additional information about absolute prices, current supply, demand expectations, and subsequent market developments. The most reasonable approach is to use the second-quarter trend as a guide while continuing to monitor new data.

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