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The Used Cooking Oil Price Trend in Q3 2026 showed a clear decline across major international markets, followed by a small recovery in September. After experiencing strong price increases in the previous quarter, the market entered a correction phase as supply conditions improved and buyers became more careful with their purchases. 

Stronger seasonal collection of used cooking oil and comfortable availability in different regions put downward pressure on prices. However, demand from biodiesel and sustainable aviation fuel producers remained an important factor supporting the market. 

India, Vietnam, Peru, Malaysia, and Singapore all recorded price declines during the quarter, although the level of decline varied from one country to another. Toward the end of September, buying activity improved, giving the market some positive movement.

Global Used Cooking Oil Price Trends in Q3 2026

The global Used Cooking Oil market experienced a noticeable change in direction during Q3 2026. Prices had increased strongly in the previous quarter, mainly because rising crude oil prices supported biodiesel production and increased demand for alternative fuel feedstocks.

However, the situation changed during the third quarter. Buyers who had purchased material at higher prices became more cautious. At the same time, seasonal collection improved, bringing more used cooking oil into the market.

When supply becomes stronger while buying activity slows down, prices generally face pressure. A similar situation developed across the major exporting countries during this period.

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

Despite these declines, the market did not remain weak throughout the quarter. September brought a recovery in all monitored countries as biodiesel and sustainable aviation fuel producers returned to the market to purchase additional feedstock.

This movement showed that the Used Cooking Oil market continued to depend heavily on the balance between collection, export availability, and renewable fuel demand.

Used Cooking Oil Price Trend in India

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

During the third quarter, the supply situation became more comfortable. Seasonal collection improved, and more material became available for export. At the same time, buyers started taking a more cautious approach instead of purchasing large quantities at higher prices.

As a result, FOB Nhava Sheva export prices gradually weakened. The overall Used Cooking Oil Price Trend in India remained under pressure because buyers were not showing the same level of urgency as in the previous quarter.

However, September brought a positive change. Prices increased by nearly 8%, which was the strongest monthly recovery among all the monitored markets.

The improvement came as biodiesel and sustainable aviation fuel producers increased their procurement activities. Exporters also started raising their offers as demand improved.

This recovery suggested that although prices had fallen during the quarter, demand from the renewable fuel industry continued to provide support to the Indian market.

Used Cooking Oil Price Trend in Vietnam

Vietnam's Used Cooking Oil market also experienced a decline of around 11% during Q3 2026. The main reason behind this movement was the correction in prices after the strong gains recorded in the previous quarter.

During the earlier period, higher renewable fuel demand had supported market prices. However, once prices reached elevated levels, buyers became more selective with their purchases.

Comfortable regional supply also contributed to the decline. With sufficient material available in the market, buyers had less pressure to purchase immediately or accept higher offers.

Consequently, FOB Haiphong export valuations gradually moved lower throughout the quarter. The Used Cooking Oil Price in Vietnam remained under pressure as purchasing activity stayed relatively cautious.

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

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

The Vietnamese market's performance showed how quickly prices can change when buyer interest improves after a period of comfortable supply.

Used Cooking Oil Price Trend in Peru

Peru recorded a decline of around 11% in Used Cooking Oil prices during Q3 2026. The market correction followed the strong price levels seen in the previous quarter, when demand from the renewable fuel industry had supported higher valuations.

During Q3, buyers reduced their purchasing activity after the earlier price increase. Many market participants preferred to wait and observe price movements rather than commit to large purchases at higher levels.

This cautious approach affected export valuations from the FOB Callao market. As buying interest weakened, sellers faced greater pressure to adjust their offers.

The overall Used Cooking Oil Price Trend in Peru remained negative throughout most of the quarter.

September brought a small improvement, although the recovery was much weaker than in other monitored markets. Prices increased by less than 1%, making Peru the market with the mildest monthly recovery.

Biodiesel buyers slowly returned to the market, but their purchasing decisions remained selective. Exporters also maintained relatively steady offers instead of making large price adjustments.

This showed that the Peruvian market was recovering gradually, with buyers still taking a careful approach toward procurement.

Used Cooking Oil Price Trend in Malaysia

Malaysia experienced a price decline of around 12% during Q3 2026. In the previous quarter, strong demand from biodiesel producers had pushed prices toward peak levels. However, the market started correcting during the third quarter.

One of the main reasons behind the decline was improved seasonal collection. As more used cooking oil became available, the supply situation became comfortable.

At the same time, buyers reduced their purchasing activity following the earlier price increases. This combination of stronger supply and cautious demand created downward pressure on the market.

FOB Port Klang export valuations gradually weakened during the quarter. The Malaysian Used Cooking Oil Price Trend remained under pressure as buyers avoided aggressive procurement.

However, the market showed signs of recovery in September. Prices increased by around 2.6% as biodiesel and sustainable aviation fuel producers stepped up their purchasing activities.

Sellers also became more confident and started offering material at firmer prices.

The improvement toward the end of September indicated that renewable fuel demand continued to play an important role in supporting the Malaysian market.

Used Cooking Oil Price Trend in Singapore

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

The decline followed the strong increase in the previous quarter, when rising crude oil prices and stronger renewable fuel demand supported higher market valuations.

During Q3, buyers reduced their procurement activities as prices corrected from earlier high levels. At the same time, comfortable supply created additional pressure on export prices.

FOB Singapore valuations weakened steadily throughout the quarter. Buying interest remained relatively low, and market participants preferred to wait for more attractive purchasing opportunities.

The sharp decline made Singapore the weakest-performing market among the five monitored countries during the quarter.

However, September brought a small recovery. Used Cooking Oil prices increased by around 2% as biodiesel and sustainable aviation fuel producers returned to the market.

Sellers gradually raised their offers as buying activity improved.

Although the recovery was relatively limited, it showed that demand from renewable fuel producers continued to provide some support to the Singapore market.

Global Comparison of Used Cooking Oil Prices in Q3 2026

The performance of the five major markets showed that the overall price direction was similar, but the size of the decline and September recovery differed.

The following comparison provides a simple overview of market movements during Q3 2026.

Singapore experienced the largest quarterly decline, while India recorded the strongest recovery in September.

Malaysia and Vietnam also showed improving market conditions toward the end of the quarter. Peru experienced the slowest recovery as buyers continued to follow a selective purchasing approach.

These differences highlight the importance of local supply conditions, export availability, and purchasing demand in determining regional prices.

Used Cooking Oil Price Chart: Understanding the Q3 Market Movement

The Used Cooking Oil Price Chart for Q3 2026 reflected two important market phases.

The first phase was a steady decline in July and August, when prices corrected after the strong increase recorded in the previous quarter.

The second phase was a recovery in September, when buyers returned to the market and renewable fuel producers increased procurement.

Looking at the overall price movement, the market correction was mainly connected to stronger collection and comfortable supply. Buyers had less urgency to purchase material, which allowed prices to move lower.

The September recovery showed that demand had not disappeared. Instead, purchasing activity had slowed during the earlier part of the quarter and gradually improved toward the end.

The Used Cooking Oil Price Index also remained supported by the continued demand for renewable fuels.

For market participants, following these movements is important because price changes can affect collection decisions, export planning, selling strategies, and purchasing costs.

Key Factors Affecting Used Cooking Oil Prices

Several factors influenced the Used Cooking Oil market during Q3 2026. Understanding these factors can help explain why prices moved lower and later started recovering.

1. Seasonal Collection and Supply

Collection plays an important role in determining used cooking oil prices. When restaurants, hotels, food businesses, and collection networks generate more material, market supply increases.

During Q3 2026, stronger seasonal collection created more comfortable availability. This reduced supply pressure and contributed to lower prices across major markets.

2. Biodiesel Production Demand

Biodiesel producers are among the important buyers of used cooking oil. When biodiesel production increases, demand for feedstock generally improves.

During the third quarter, procurement activity slowed initially but started recovering in September. This improvement supported prices across all monitored markets.

3. Sustainable Aviation Fuel Demand

Sustainable aviation fuel has become an important source of demand for alternative feedstocks.

As producers increased their procurement activities in September, the market received additional support. This was one of the important reasons behind the recovery toward the end of Q3 2026.

4. Crude Oil Price Movements

Crude oil prices can influence the economics of renewable fuels. When conventional fuel prices rise, alternative fuel production can become more attractive, depending on production costs and policy conditions.

The strong crude oil movement in the previous quarter helped increase demand for biodiesel feedstocks and supported the earlier rise in used cooking oil prices.

5. Buyer Purchasing Behaviour

Buyers do not always purchase the same quantity every month. When prices rise quickly, some buyers prefer to wait. When prices become more attractive, they may return to the market.

This cautious purchasing behaviour was visible across the major markets during Q3 2026.

Used Cooking Oil Price Forecast: What Could Influence the Next Market Movement?

The Used Cooking Oil Price Forecast depends mainly on the relationship between collection volumes, export availability, and demand from renewable fuel producers.

The September recovery provided a positive signal after several months of declining prices. However, it does not automatically mean that prices will continue increasing at the same pace.

If biodiesel and sustainable aviation fuel producers maintain strong procurement activity, the market could receive further support. Higher demand may encourage exporters and collectors to maintain firmer offers.

On the other hand, if seasonal collection remains strong and supply continues to be comfortable, prices could face renewed pressure.

Crude oil prices will also remain an important factor because they influence the competitiveness of conventional and renewable fuels.

Another important point is regional market performance. India showed the strongest September recovery, while Peru experienced only a small improvement. This difference suggests that local purchasing conditions will continue to influence individual export markets.

Overall, the market outlook will depend on whether the improvement in renewable fuel demand is strong enough to balance the available supply.

Buyers and sellers should therefore monitor monthly price movements rather than depending only on the quarterly direction.

Why the Used Cooking Oil Market Matters for the Renewable Energy Industry

Used cooking oil is no longer viewed only as a waste material from kitchens and food businesses. It has become a valuable feedstock for producing renewable fuels.

Restaurants, hotels, food processing units, and commercial kitchens generate used cooking oil regularly. When collected properly, this material can be processed and used in biodiesel and other renewable fuel applications.

This creates an important connection between the food industry, waste collection businesses, exporters, and renewable energy producers.

When collection systems improve, more material becomes available for processing. When renewable fuel production increases, demand for this material can also rise.

This relationship makes used cooking oil an important part of the growing circular economy, where waste materials are collected and reused instead of being discarded.

It also explains why the market can experience significant price movements when either supply or demand changes.

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