Used Cooking Oil Price Trend Q2 2026 | Forecast

The Used Cooking Oil Price Trend moved strongly upward during Q2 2026, supported by tight collection volumes and steady demand from biodiesel and renewable fuel buyers. Across the major monitored export markets, prices increased between 6% and 13% during the quarter.

India and Malaysia recorded the strongest quarterly gains at around 13%, while Vietnam, Singapore, and Peru also experienced clear price increases. However, the market changed direction in June, when buyers reduced procurement after prices had risen sharply. As a result, Used Cooking Oil Prices corrected by roughly 14% to 18% across the monitored markets.

Used cooking oil has become an important feedstock for renewable fuel production. Because of this, its price is increasingly influenced not only by the amount of oil collected from restaurants, food businesses, and other sources, but also by demand from biodiesel and renewable fuel producers.

When collection volumes are limited and buyers remain active, prices can rise quickly. Q2 2026 was a good example of this supply-and-demand relationship.