Used Cooking Oil Price Trend Q3 2026 | Global Price Trends, Forecast, Chart, Prices and Index

Author : price watch | Published On : 02 Nov 2026

The Used Cooking Oil Price Trend changed noticeably during the third quarter of 2026, as prices declined across all major monitored markets before showing signs of recovery in September. After experiencing a strong increase in the previous quarter, the market entered a correction phase as supply conditions improved and buyers became more careful with their purchasing decisions. 

The earlier price increase was mainly supported by rising crude oil prices due to geopolitical tensions, which encouraged biodiesel production and increased demand for used cooking oil as a renewable fuel feedstock.

During Q3 2026, the market experienced a different situation. Seasonal collection improved, supplies became more comfortable, and buyers reduced their purchasing activity after the earlier price rise. These factors created downward pressure on export prices in India, Vietnam, Peru, Malaysia, and Singapore.

However, September brought a positive change in market sentiment. Biodiesel and sustainable aviation fuel producers returned to the market to secure feedstock, supporting a recovery in prices across all five markets. 

Although the recovery was not equally strong everywhere, it indicated that demand for renewable fuel materials continued to play an important role in determining market direction.

The overall movement during the quarter highlights how the used cooking oil market responds to changes in supply, demand, crude oil prices, and renewable energy requirements.

 

Please Submit Your Query for Used Cooking Oil Price Trend, demand-supply, suppliers, market analysis: https://www.price-watch.ai/book-a-demo/ 

Global Used Cooking Oil Price Trend in Q3 2026

The global Used Cooking Oil Price Trend remained bearish throughout most of Q3 2026. Prices corrected after reaching elevated levels in the previous quarter, mainly because buyers became less aggressive and seasonal collection improved availability.

Singapore recorded the largest decline, with prices falling by nearly 15%. Malaysia followed with a decrease of around 12%, while India, Peru, and Vietnam each experienced a decline of approximately 11%.

One of the main reasons behind this movement was the availability of additional feedstock. When more used cooking oil enters the market through collection activities, buyers generally have more options. This can reduce competition among buyers and put pressure on sellers to adjust their offers.

Another important factor was the change in buying behaviour. After the strong price increase in the previous quarter, many buyers preferred to wait rather than purchase large quantities at higher prices. This cautious approach affected export valuations across the monitored markets.

Despite the overall decline, September provided some positive signals. Demand from biodiesel and sustainable aviation fuel producers improved, helping prices recover from their earlier weakness.

This shows that the market was not facing a complete demand slowdown. Instead, it was experiencing a temporary adjustment between supply availability and purchasing requirements.

Country-Wise Used Cooking Oil Prices Analysis

1. India: Used Cooking Oil Price Trend

India experienced a decline of around 11% in Used Cooking Oil Prices during Q3 2026. The market moved lower after the strong increase recorded in the previous quarter, when limited collection availability and firm biodiesel demand supported higher valuations.

During the third quarter, the situation changed as seasonal collection improved and supply became more comfortable. Buyers also became cautious after the earlier price increase. Instead of purchasing aggressively, many market participants preferred to monitor price movements and wait for better buying opportunities.

As a result, FOB Nhava Sheva export prices remained under pressure throughout much of the quarter.

However, September brought a stronger recovery in the Indian market. Prices increased by nearly 8%, making India the market with the highest monthly recovery among all monitored countries.

The improvement was mainly supported by increased procurement from biodiesel and sustainable aviation fuel producers. As these buyers returned to secure feedstock, exporters gained more confidence and started raising their offers.

India's September performance suggests that the market still has strong demand potential, particularly when renewable fuel producers increase their purchasing activity.

2. Vietnam: Used Cooking Oil Price Trend

Vietnam also recorded a decline of approximately 11% in Used Cooking Oil Prices during Q3 2026. The market corrected after the higher price levels seen in the previous quarter.

One of the major reasons was the reduction in buying interest. Following the earlier price increase, buyers became more selective with their procurement. They reduced purchasing activity, which created additional pressure on export valuations.

Comfortable regional supply also contributed to the downward movement. With sufficient material available in the market, buyers did not face the same urgency to secure additional quantities.

FOB Haiphong export prices therefore remained under pressure during the quarter.

In September, however, the market started showing signs of improvement. Prices increased by nearly 3% as biodiesel producers returned to the market for feedstock.

Collectors also became more confident and maintained firmer offers during the recovery. This helped improve market sentiment toward the end of the quarter.

Although Vietnam's recovery was smaller than India's, the positive movement indicated that demand was gradually returning.

3. Peru: Used Cooking Oil Price Trend

Peru recorded an approximately 11% decline in Used Cooking Oil Prices during the third quarter of 2026.

The main reason for the downward movement was the correction from the higher levels reached in the previous quarter. Renewable fuel demand had supported prices earlier, but purchasing activity slowed as buyers became more careful with their procurement decisions.

Many buyers preferred to purchase only according to their immediate requirements instead of building additional inventory. This selective buying approach affected market confidence and placed pressure on FOB Callao export valuations.

The market remained relatively weak throughout most of Q3 2026, with exporters facing cautious demand from buyers.

September brought a slight improvement, although Peru recorded the smallest recovery among all monitored markets. Prices increased by less than 1% during the month.

Buyers continued to remain selective, while exporters generally maintained stable offers rather than making significant upward adjustments.

Demand from biodiesel producers began recovering slowly, but the improvement was not strong enough to create a major price increase.

The Peruvian market therefore showed a gradual recovery rather than a sharp rebound.

4. Malaysia: Used Cooking Oil Price Trend

Malaysia experienced a decline of around 12% in Used Cooking Oil Prices during Q3 2026.

Prices had remained at elevated levels in the previous quarter because of strong demand from biodiesel buyers. However, the situation changed during the third quarter as collection activities improved and supply became more comfortable.

The availability of additional material reduced the pressure on buyers to secure feedstock immediately. At the same time, many buyers became more cautious after the earlier price increase.

These conditions pushed FOB Port Klang export valuations lower throughout the quarter.

Despite the decline, the Malaysian market started showing positive signs in September. Prices increased by approximately 2.6% as biodiesel and sustainable aviation fuel producers increased their procurement activity.

Sellers also became more confident and started firming their offers as buying interest improved.

The September recovery suggested that Malaysia's market was gradually finding support from renewable fuel demand.

Although the increase was moderate, it helped improve sentiment among collectors, exporters, and other market participants.

5. Singapore: Used Cooking Oil Price Trend

Singapore recorded the steepest decline in the global Used Cooking Oil Price Trend during Q3 2026, with prices falling by nearly 15%.

The market experienced a significant correction after the strong price increase in the previous quarter. Buyers reduced their procurement activity, while comfortable supply added further pressure to market valuations.

When buyers have sufficient material available and do not need to purchase immediately, sellers often face greater competition to attract orders. A similar situation developed in Singapore during the third quarter.

FOB Singapore export valuations declined steadily as buying interest remained weak.

However, September brought a gradual recovery. Prices increased by around 2% as biodiesel and sustainable aviation fuel producers returned to the market.

Sellers started raising their offers gradually as procurement activity improved.

Although Singapore recorded the largest quarterly decline, its September recovery showed that demand from renewable fuel producers continued to provide support to the market.

Used Cooking Oil Price Chart: Understanding the Q3 2026 Movement

The Used Cooking Oil Price Chart for Q3 2026 reflects two different market phases: a broad decline during the quarter and a recovery in September.

The quarterly price movement was negative across all five monitored markets. However, the extent of the decline varied depending on local supply conditions and buyer activity.

The following table provides a simple comparison of the market movements.

The chart highlights several important observations:

• Singapore experienced the strongest correction during Q3 2026.

• Malaysia also recorded a significant decline because of improved supply and reduced buying pressure.

• India, Vietnam, and Peru experienced similar quarterly declines of approximately 11%.

• India recorded the strongest September recovery, supported by renewed demand from biodiesel and sustainable aviation fuel producers.

• Peru showed the slowest recovery, reflecting continued cautious procurement.

Overall, the market movement suggests that the correction was mainly driven by improved supply and reduced buying interest rather than a complete loss of demand.

Major Factors Affecting Used Cooking Oil Prices in Q3 2026

Several factors influenced the Used Cooking Oil Price Trend during the third quarter. Understanding these factors helps explain why prices declined initially and recovered toward the end of the period.

1. Changes in Crude Oil Prices

Crude oil prices have an important connection with the renewable fuel market. When crude oil prices increase, alternative fuel production can become more attractive, depending on production costs and market conditions.

During the previous quarter, war-related increases in crude oil prices supported biodiesel production and increased demand for used cooking oil.

However, when market conditions changed, prices corrected from their earlier elevated levels.

2. Seasonal Collection and Supply Availability

Collection activity plays a major role in determining the availability of used cooking oil.

Restaurants, hotels, food businesses, and other commercial kitchens generate used cooking oil regularly. When collection activities improve, more material becomes available for processing and export.

During Q3 2026, stronger seasonal collection helped improve supply conditions across the monitored markets.

This additional availability reduced competition among buyers and contributed to lower prices.

3. Biodiesel Production Demand

Biodiesel production remains one of the most important demand drivers for used cooking oil.

Producers require suitable feedstock to maintain their operations. When biodiesel producers increase production or purchase additional raw materials, demand for used cooking oil can improve.

The return of biodiesel buyers in September supported the recovery across all monitored markets.

4. Sustainable Aviation Fuel Demand

Sustainable aviation fuel is another important source of potential demand.

As producers increase their procurement of renewable feedstocks, competition for suitable raw materials can become stronger.

The increased purchasing activity from sustainable aviation fuel producers in September helped support market prices.

5. Buyer Sentiment and Procurement Decisions

Market sentiment can influence prices even when physical supply conditions remain relatively stable.

When prices rise quickly, buyers may delay purchases in the hope of securing better offers later. This behaviour can reduce short-term demand.

A similar situation was visible during Q3 2026, when buyers reduced procurement after the strong price increase in the previous quarter.

As demand returned in September, sellers became more confident and market sentiment improved.

Used Cooking Oil Price Index: What Does It Indicate?

The Used Cooking Oil Price Index provides a useful way to understand the general direction of the market across different regions.

During Q3 2026, the index reflected a downward trend as prices declined in India, Vietnam, Peru, Malaysia, and Singapore.

The correction was broad-based, showing that the market was experiencing similar pressure across several export locations.

However, the September recovery indicated that the market was receiving fresh support from renewable fuel demand.

An index is useful because it helps market participants identify wider price movements rather than focusing only on one country or export location.

For example, India recorded a stronger September recovery than Peru. At the same time, Singapore experienced the largest quarterly decline.

Looking at these movements together provides a clearer understanding of the global market situation.

Used Cooking Oil Price Forecast: What Can We Expect Ahead?

The Used Cooking Oil Price Forecast will largely depend on the balance between feedstock availability and demand from renewable fuel producers.

The September recovery across all monitored markets provides a positive signal for the coming period. However, the strength of this recovery may vary from country to country.

If biodiesel and sustainable aviation fuel producers continue increasing their procurement, the market could receive additional price support.

On the supply side, seasonal collection activity will remain important. If collection volumes stay strong and material availability remains comfortable, buyers may continue to have sufficient purchasing options. This could limit the possibility of a sharp price increase.

Crude oil price movements will also remain an important factor. Higher crude oil prices may improve the competitiveness of renewable fuels and support feedstock demand, while weaker crude oil prices could change production economics.

Country-wise, India showed the strongest recovery in September, suggesting relatively firm buying interest. Malaysia and Vietnam also recorded positive movements, while Singapore experienced a more moderate improvement.

Peru's slower recovery indicates that demand conditions there remained comparatively cautious.

Overall, the market may continue to experience some price fluctuations as buyers and sellers adjust to changing supply and demand conditions. The September improvement is encouraging, but the direction of future prices will depend on whether stronger procurement activity continues.

 

Please Submit Your Query for Used Cooking Oil Price Trend, demand-supply, suppliers, market analysis: https://www.price-watch.ai/book-a-demo/ 

 

About Price Watch™

Price Watch™ is an India-based, independent raw material price reporting agency that provides real-time price forecasts and data-driven insights into global raw material markets. Price Watch™ specializes in tracking raw material prices, analyzing market trends, and delivering timely updates on plant shutdowns, supply disruptions, capacity expansions, and demand-supply dynamics. 

The Price Watch™ platform empowers manufacturers, traders, and procurement professionals to make faster, smarter decisions. Leveraging AI-powered forecasting and over a decade of historical data, Price Watch™ transforms market volatility into actionable opportunity.

Futura Tech Park,

C Block, 8th floor 334,

Old Mahabalipuram Road,

Sholinganallur, Chennai, Tamil Nadu, Pin code - 600119.

𝐋𝐢𝐧𝐤𝐞𝐝𝐈𝐧: https://www.linkedin.com/company/price-watch-ai/

𝐅𝐚𝐜𝐞𝐛𝐨𝐨𝐤: https://www.facebook.com/people//61568490385598/

𝐓𝐰𝐢𝐭𝐭𝐞𝐫: Price Watch™ (@pricewatchai) on X

𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://www.price-watch.ai/