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Rice Bran Oil Prices, Demand and Supply Overview

China paid the most for rice bran oil in Q2 2026: USD 1,345/MT, up 4.4% from USD 1,288 in Q1. Rice bran oil is extracted from rice bran, the outer layer of the rice grain removed during milling, then refined into a cooking oil valued for its high smoke point, favourable fatty acid profile, and naturally occurring oryzanol content associated with cholesterol-reducing properties.

Because rice bran is a by-product of rice milling rather than a dedicated crop, rice bran oil supply is fundamentally tied to overall rice production volumes in each producing country, giving this market a supply relationship distinct from oils extracted from dedicated oilseed crops. India and China, both major rice producers and consumers, host the largest rice bran oil industries, with India in particular having developed strong domestic demand for rice bran oil as a everyday cooking oil alongside its cholesterol-reducing health positioning.

High-oryzanol grade, requiring careful physical refining to preserve the bran's natural antioxidant compounds, commands a premium over standard refined grade, giving this market a genuine quality tier distinction beyond simple regional price differences. Thailand and Vietnam, both significant rice exporters, have correspondingly developed rice bran oil industries as a value-added use for what would otherwise be a lower-value milling by-product, giving both countries a export-oriented production base.

Vietnam remained the most affordable origin tracked in this report, trading roughly 16% below China through Q2 2026. Procurement teams sourcing across borders should factor that spread against their own freight and duty costs before comparing landed price.

Rice Bran Oil Price Forecast for 2026

Expect steady gains across all four markets through H2 2026 as cooking oil demand continues its gradual growth. Vietnam should retain its position as the most competitively priced origin given its export-oriented production structure. China's premium should persist given its strong domestic demand relative to available bran supply. Rice production trends across all four countries remain worth watching, given rice bran oil's fundamental dependence on milling by-product availability.

Taken together, the 4 markets in this report averaged a 4.4% increase quarter on quarter through the first half of 2026, a pace we expect to broadly continue barring a shift in the underlying cost or demand picture described above.

Region 2026 Price Range (USD/MT) Outlook
Global Average 1,215 - 1,340 Balance of regional supply and demand conditions
India 1,261 - 1,391 Strong domestic demand for the health-positioned cooking oil kept Indian pricing climbing
China 1,305 - 1,439 Growing domestic demand relative to available bran supply kept China at the top of this group
Thailand 1,171 - 1,291 Steady export demand supported a firm quarter
Vietnam 1,123 - 1,239 Consistent export volumes kept Vietnamese pricing the most competitive of the four markets even as it rose in step with the group

For the Quarter Ending June 2026

Rice Bran Oil Prices Q2 2026:

  • India: USD 1,300/MT
  • China: USD 1,345/MT
  • Thailand: USD 1,207/MT
  • Vietnam: USD 1,158/MT

Rice Bran Oil Prices in India

India reached USD 1,300/MT in Q2 2026, strong domestic demand for the health-positioned cooking oil kept Indian pricing climbing, placing it the 2nd most expensive across the 4 regions covered in this report.

Why did the price of Rice Bran Oil change in Q2 2026 in India?

Strong domestic demand for the health-positioned cooking oil kept Indian pricing climbing, leaving India running roughly 3.8% above the 4-region average for the quarter.

That is faster than the 2.0% average quarterly move India has posted across the six quarters this report tracks.

Rice Bran Oil Prices in China

China rose 4.4% to USD 1,345/MT in Q2 2026, growing domestic demand relative to available bran supply kept China at the top of this group, putting it the priciest of the 4 markets tracked this quarter.

Why did the price of Rice Bran Oil change in Q2 2026 in China?

Growing domestic demand relative to available bran supply kept China at the top of this group, with China now sitting about 7.4% above the 4-region average this quarter.

China has averaged 2.0% a quarter over the six quarters this report tracks; this move came in faster than that longer-run pace.

Rice Bran Oil Prices in Thailand

USD 1,207/MT. That is where Thailand landed in Q2 2026, up 4.4% from USD 1,156/MT in Q1 2026, making it the 3rd most expensive of the 4 markets tracked here this quarter.

Why did the price of Rice Bran Oil change in Q2 2026 in Thailand?

Steady export demand supported a firm quarter, which puts Thailand roughly 3.6% below the average across the 4 regions this report tracks.

Set against a 2.0% average quarterly pace over the six quarters this report tracks, Thailand's move this quarter landed faster than that trend.

Rice Bran Oil Prices in Vietnam

Vietnam's price gained 4.4% to USD 1,158/MT, consistent export volumes kept Vietnamese pricing the most competitive of the four markets even as it rose in step with the group, ranking it the most affordable among the 4 markets this report follows.

Why did the price of Rice Bran Oil change in Q2 2026 in Vietnam?

Consistent export volumes kept Vietnamese pricing the most competitive of the four markets even as it rose in step with the group, working out to Vietnam trading about 7.5% below this quarter's 4-region average.

Measured against Vietnam's own average pace of 2.0% a quarter across the six quarters this report tracks, this move came in faster than that pace.

For the Quarter Ending March 2026

Rice Bran Oil Prices Q1 2026:

  • India: USD 1,246/MT
  • China: USD 1,288/MT
  • Thailand: USD 1,156/MT
  • Vietnam: USD 1,109/MT

Rice Bran Oil Prices in India

India reached USD 1,246/MT in Q1 2026, early-year domestic demand supported a firm start to 2026, placing it the 2nd most expensive across the 4 regions covered in this report.

Why did the price of Rice Bran Oil change in Q1 2026 in India?

Early-year domestic demand supported a firm start to 2026, leaving India running roughly 3.9% above the 4-region average for the quarter.

That is slower than the 2.0% average quarterly move India has posted across the six quarters this report tracks.

Rice Bran Oil Prices in China

China rose 1.4% to USD 1,288/MT in Q1 2026, growing domestic consumption supported a firm start to 2026, putting it the priciest of the 4 markets tracked this quarter.

Why did the price of Rice Bran Oil change in Q1 2026 in China?

Growing domestic consumption supported a firm start to 2026, with China now sitting about 7.4% above the 4-region average this quarter.

China has averaged 2.0% a quarter over the six quarters this report tracks; this move came in slower than that longer-run pace.

Rice Bran Oil Prices in Thailand

USD 1,156/MT. That is where Thailand landed in Q1 2026, up 1.4% from USD 1,140/MT in Q4 2025, making it the 3rd most expensive of the 4 markets tracked here this quarter.

Why did the price of Rice Bran Oil change in Q1 2026 in Thailand?

Steady export demand carried prices higher as the new year began, which puts Thailand roughly 3.6% below the average across the 4 regions this report tracks.

Set against a 2.0% average quarterly pace over the six quarters this report tracks, Thailand's move this quarter landed slower than that trend.

Rice Bran Oil Prices in Vietnam

Vietnam's price gained 1.4% to USD 1,109/MT, consistent export volumes supported a modest early-year gain, ranking it the most affordable among the 4 markets this report follows.

Why did the price of Rice Bran Oil change in Q1 2026 in Vietnam?

Consistent export volumes supported a modest early-year gain, working out to Vietnam trading about 7.6% below this quarter's 4-region average.

Measured against Vietnam's own average pace of 2.0% a quarter across the six quarters this report tracks, this move came in slower than that pace.

Quarterly Rice Bran Oil Price Trends

The global average climbed steadily across the window, from USD 1,136/MT in Q1 2025 to USD 1,252 by Q2 2026, a gain of 10.2% over six quarters.

Quarter Price (USD/MT) QoQ Change Direction
Q2 2026 1,252 +4.4% ↑ Rising
Q1 2026 1,200 +1.4% ↑ Rising
Q4 2025 1,184 +1.4% ↑ Rising
Q3 2025 1,168 +1.4% ↑ Rising
Q2 2025 1,152 +1.4% ↑ Rising
Q1 2025 1,136 - - Stable
Q3 2026 In Progress - - In Progress

What was Rice Bran Oil Price in 2025?

2025 was a steadily firming year for rice bran oil. Starting near USD 1,136/MT in Q1, the global average finished the year at USD 1,184, a 4.2% increase across the four quarters.

Rice Bran Oil Prices in India in 2025

India prices moved from about USD 1,180/MT in Q1 2025 to USD 1,229 by Q4, up roughly 4.2%, leaving India in 2 place among the 4 tracked markets heading into the new year.

Rice Bran Oil Prices in China in 2025

China prices moved from about USD 1,220/MT in Q1 2025 to USD 1,271 by Q4, up roughly 4.2%. That left China ranked 1 of 4 tracked markets heading into 2026.

Rice Bran Oil Prices in Thailand in 2025

Thailand prices moved from about USD 1,095/MT in Q1 2025 to USD 1,140 by Q4, up roughly 4.1%, placing Thailand 3 of 4 tracked markets as 2025 closed out.

Rice Bran Oil Prices in Vietnam in 2025

Vietnam prices moved from about USD 1,050/MT in Q1 2025 to USD 1,094 by Q4, up roughly 4.2%. Vietnam closed the year ranked 4 of the 4 markets this report tracks.

How We Can Help

Expert Market Research: Your Source for Real-Time Rice Bran Oil Price Intelligence

Tracking rice bran oil prices means tracking what actually moves them: rice bran (milling by-product) costs, regional demand shifts, and the policy decisions that touch both. Our team maintains that view across every region in this report, refreshing it as conditions change.

Rather than a single static figure, our forecasts blend capacity data, feedstock cost trends, and demand signals from across the regions we cover, built specifically to support procurement budgeting and supplier negotiations.

Reach out to our analysts for a deeper regional breakdown, historical data extending beyond the six quarters shown here, or a custom rice bran oil sourcing analysis tailored to your specific procurement footprint.

We track standard refined and high-oryzanol grade pricing separately, since the premium health-positioning segment can command a meaningfully different price than standard cooking-grade material.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Key Questions Answered in the Report

Rice bran oil is extracted from rice bran, the outer layer of the rice grain removed during milling, then refined into a cooking oil valued for its high smoke point, favourable fatty acid profile, and naturally occurring oryzanol content associated with cholesterol-reducing properties.

In Q2 2026, it averaged USD 1,300/MT in India, USD 1,345/MT in China, USD 1,207/MT in Thailand, USD 1,158/MT in Vietnam, with China the priciest of the 4 markets tracked in this report.

The global average moved from USD 1,184/MT in Q4 2025 to USD 1,200 in Q1 2026, then to USD 1,252 by Q2, a 5.8% increase across the two quarters.

Strong domestic demand for the health-positioned cooking oil kept Indian pricing climbing, with similar dynamics playing out across the other regions this report tracks, each shaped by its own local mix of supply and demand.

Expect steady gains across all four markets through H2 2026 as cooking oil demand continues its gradual growth.

China commands the highest price of the 4 markets in this report, while Vietnam runs the most affordable. Local production economics, import exposure, and demand strength drive most of that gap, and the ranking is not fixed from quarter to quarter.

Rice milling volumes, since bran is a by-product available only in proportion to overall rice production; Cooking oil demand for rice bran oil's favourable smoke point and cholesterol-reducing properties; Oryzanol content and physical refining capacity, which determine premium grade availability, along with broader macroeconomic conditions across the 4 regions this report tracks.

Thailand and Vietnam, both significant rice exporters, have correspondingly developed rice bran oil industries as a value-added use for what would otherwise be a lower-value milling by-product, giving both countries a export-oriented production base.

Rice bran oil comes from a by-product of rice milling rather than a dedicated oilseed crop, meaning its supply is capped by how much rice a country mills rather than by decisions growers make about planting acreage for oil production specifically. That relationship means rice bran oil availability tracks rice production trends rather than responding directly to rice bran oil's own price the way a dedicated oil crop would.

Monthly, though our analysts flag any material shift in feedstock costs or regional demand as soon as it emerges.

This is a collaborative report by Neha Gawande, Rakesh Nandi and Siddharth David reflecting perspectives and research-driven insights from Expert Market Research.

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