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Safflower Oil Prices, Demand and Supply Overview
China paid the most for safflower oil in Q2 2026: USD 2,158/MT, up 4.5% from USD 2,065 in Q1. Safflower oil is extracted from the seeds of the safflower plant, a thistle-like crop traditionally grown for its flower used in dyes and traditional medicine, into a light, mild-flavoured oil available in both high-linoleic and high-oleic varieties depending on the specific cultivar grown.
High-oleic safflower oil, bred for a fatty acid profile closer to olive oil with better heat stability, commands a premium over standard high-linoleic oil and has grown in demand for both premium culinary use and certain industrial and cosmetic applications. The United States, particularly California and the northern plains states, hosts significant safflower cultivation alongside India, one of the crop's traditional growing regions, though safflower remains a comparatively niche oilseed crop relative to soybean, sunflower, or canola.
Cosmetic and personal care manufacturers use safflower oil as a lightweight carrier oil in skincare formulations, giving this market a demand source distinct from the cooking oil applications that dominate most other vegetable oils in this pipeline. As a relatively small global crop, safflower oil pricing can respond more sharply to weather and acreage decisions in its concentrated growing regions than larger, more geographically diversified oilseed crops would experience.
Comparing the four markets side by side, China sat about 21% above India as Q2 closed. That kind of gap is common where import exposure and domestic production costs diverge as sharply as they do here.
Safflower Oil Price Forecast for 2026
Expect steady gains across all four markets through H2 2026 as demand for high-oleic grade continues its gradual growth. India should retain its position as the most competitively priced origin given its lower production costs relative to the other three markets. China's premium should persist given its smaller domestic production base relative to growing demand. High-oleic variety acreage expansion remains worth watching, since it could gradually shift the overall market mix toward the premium grade.
On balance, the first half of 2026 brought a 4.4% increase average move across the 4 markets covered here, a trend that should persist through year end absent a material change in the underlying drivers.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 1,931 - 2,130 | Balance of regional supply and demand conditions |
| United States | 1,984 - 2,188 | Strong demand for high-oleic grade from cosmetic and premium culinary buyers kept US pricing climbing |
| India | 1,736 - 1,915 | Consistent domestic and export demand kept Indian pricing the most competitive of the four markets even as it rose in step with the group |
| Mexico | 1,909 - 2,106 | Growing regional demand supported a firm quarter |
| China | 2,093 - 2,309 | Growing domestic demand relative to limited production kept China at the top of this group |
For the Quarter Ending June 2026
Safflower Oil Prices Q2 2026:
- United States: USD 2,045/MT
- India: USD 1,790/MT
- Mexico: USD 1,968/MT
- China: USD 2,158/MT
Safflower Oil Prices in United States
In Q2 2026, United States priced at USD 2,045/MT, up 4.4% from USD 1,958/MT the previous quarter, placing it the 2nd most expensive across the 4 regions covered in this report.
Why did the price of Safflower Oil change in Q2 2026 in United States?
Strong demand for high-oleic grade from cosmetic and premium culinary buyers kept US pricing climbing, leaving United States running roughly 2.8% above the 4-region average for the quarter.
That is faster than the 2.0% average quarterly move United States has posted across the six quarters this report tracks.
Safflower Oil Prices in India
India reached USD 1,790/MT in Q2 2026, consistent domestic and export demand kept Indian pricing the most competitive of the four markets even as it rose in step with the group, putting it the most affordable of the 4 markets tracked this quarter.
Why did the price of Safflower Oil change in Q2 2026 in India?
Consistent domestic and export demand kept Indian pricing the most competitive of the four markets even as it rose in step with the group, with India now sitting about 10.1% below the 4-region average this quarter.
India has averaged 2.0% a quarter over the six quarters this report tracks; this move came in faster than that longer-run pace.
Safflower Oil Prices in Mexico
Mexico rose 4.5% to USD 1,968/MT in Q2 2026, growing regional demand supported a firm quarter, making it the 3rd most expensive of the 4 markets tracked here this quarter.
Why did the price of Safflower Oil change in Q2 2026 in Mexico?
Growing regional demand supported a firm quarter, which puts Mexico roughly 1.1% 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, Mexico's move this quarter landed faster than that trend.
Safflower Oil Prices in China
USD 2,158/MT. That is where China landed in Q2 2026, up 4.5% from USD 2,065/MT in Q1 2026, ranking it the priciest among the 4 markets this report follows.
Why did the price of Safflower Oil change in Q2 2026 in China?
Growing domestic demand relative to limited production kept China at the top of this group, working out to China trading about 8.4% above this quarter's 4-region average.
Measured against China's own average pace of 2.1% a quarter across the six quarters this report tracks, this move came in faster than that pace.
For the Quarter Ending March 2026
Safflower Oil Prices Q1 2026:
- United States: USD 1,958/MT
- India: USD 1,715/MT
- Mexico: USD 1,884/MT
- China: USD 2,065/MT
Safflower Oil Prices in United States
In Q1 2026, United States priced at USD 1,958/MT, up 1.4% from USD 1,930/MT the previous quarter, placing it the 2nd most expensive across the 4 regions covered in this report.
Why did the price of Safflower Oil change in Q1 2026 in United States?
Early-year demand from cosmetic and food manufacturers supported a firm start to 2026, leaving United States running roughly 2.8% above the 4-region average for the quarter.
That is slower than the 2.0% average quarterly move United States has posted across the six quarters this report tracks.
Safflower Oil Prices in India
India reached USD 1,715/MT in Q1 2026, steady domestic demand carried prices higher as the new year began, putting it the most affordable of the 4 markets tracked this quarter.
Why did the price of Safflower Oil change in Q1 2026 in India?
Steady domestic demand carried prices higher as the new year began, with India now sitting about 10.0% below the 4-region average this quarter.
India has averaged 2.0% a quarter over the six quarters this report tracks; this move came in slower than that longer-run pace.
Safflower Oil Prices in Mexico
Mexico rose 1.4% to USD 1,884/MT in Q1 2026, consistent regional demand supported a modest early-year gain, making it the 3rd most expensive of the 4 markets tracked here this quarter.
Why did the price of Safflower Oil change in Q1 2026 in Mexico?
Consistent regional demand supported a modest early-year gain, which puts Mexico roughly 1.1% 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, Mexico's move this quarter landed slower than that trend.
Safflower Oil Prices in China
USD 2,065/MT. That is where China landed in Q1 2026, up 1.4% from USD 2,036/MT in Q4 2025, ranking it the priciest among the 4 markets this report follows.
Why did the price of Safflower Oil change in Q1 2026 in China?
Growing domestic demand supported a firm start to 2026, working out to China trading about 8.4% above this quarter's 4-region average.
Measured against China's own average pace of 2.1% a quarter across the six quarters this report tracks, this move came in slower than that pace.
Quarterly Safflower Oil Price Trends
The global average climbed steadily across the window, from USD 1,800/MT in Q1 2025 to USD 1,990 by Q2 2026, a gain of 10.6% over six quarters.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q2 2026 | 1,990 | +4.4% | ↑ Rising |
| Q1 2026 | 1,906 | +1.4% | ↑ Rising |
| Q4 2025 | 1,879 | +1.4% | ↑ Rising |
| Q3 2025 | 1,852 | +1.4% | ↑ Rising |
| Q2 2025 | 1,826 | +1.4% | ↑ Rising |
| Q1 2025 | 1,800 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
What was Safflower Oil Price in 2025?
2025 was a steadily firming year for safflower oil. Starting near USD 1,800/MT in Q1, the global average finished the year at USD 1,879, a 4.4% increase across the four quarters.
Safflower Oil Prices in United States in 2025
United States prices moved from about USD 1,850/MT in Q1 2025 to USD 1,930 by Q4, up roughly 4.3%, leaving United States in 2 place among the 4 tracked markets heading into the new year.
Safflower Oil Prices in India in 2025
India prices moved from about USD 1,620/MT in Q1 2025 to USD 1,691 by Q4, up roughly 4.4%. That left India ranked 4 of 4 tracked markets heading into 2026.
Safflower Oil Prices in Mexico in 2025
Mexico prices moved from about USD 1,780/MT in Q1 2025 to USD 1,857 by Q4, up roughly 4.4%, placing Mexico 3 of 4 tracked markets as 2025 closed out.
Safflower Oil Prices in China in 2025
China prices moved from about USD 1,950/MT in Q1 2025 to USD 2,036 by Q4, up roughly 4.4%. China closed the year ranked 1 of the 4 markets this report tracks.
How We Can Help
Expert Market Research: Your Source for Real-Time Safflower Oil Price Intelligence
We monitor safflower oil markets across every region with meaningful production or consumption, connecting the price you see to the safflower seeds costs and demand conditions behind it. The result is a regularly updated view built from the ground up rather than a single static figure.
Our forecasts combine production capacity data with feedstock cost trends and regional demand signals, giving sourcing teams a defensible basis for budgeting and supplier negotiations beyond a single point estimate.
Get in touch with our analysts if you need a more detailed regional view, historical pricing beyond the six quarters shown here, or a sourcing analysis built specifically around your procurement footprint.
We track high-oleic and high-linoleic grade pricing separately, since premium culinary and industrial buyers each tend to specify the variety suited to their specific application.
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Key Questions Answered in the Report
Safflower oil is extracted from the seeds of the safflower plant, a thistle-like crop traditionally grown for its flower used in dyes and traditional medicine, into a light, mild-flavoured oil available in both high-linoleic and high-oleic varieties depending on the specific cultivar grown.
In Q2 2026, it averaged USD 2,045/MT in United States, USD 1,790/MT in India, USD 1,968/MT in Mexico, USD 2,158/MT in China, with China the priciest of the 4 markets tracked in this report.
The global average moved from USD 1,879/MT in Q4 2025 to USD 1,906 in Q1 2026, then to USD 1,990 by Q2, a 5.9% increase across the two quarters.
Strong demand for high-oleic grade from cosmetic and premium culinary buyers kept US 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 demand for high-oleic grade continues its gradual growth.
China commands the highest price of the 4 markets in this report, while India 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.
Safflower seed harvest yields across the major growing regions; High-oleic grade demand for premium culinary and industrial applications; Competition from other vegetable oils in the broader cooking oil market, along with broader macroeconomic conditions across the 4 regions this report tracks.
Safflower oil is extracted from the seeds of the safflower plant, a thistle-like crop traditionally grown for its flower used in dyes and traditional medicine, into a light, mild-flavoured oil available in both high-linoleic and high-oleic varieties depending on the specific cultivar grown.
High-oleic safflower oil comes from cultivars bred for a fatty acid profile dominated by monounsaturated oleic acid, giving it better heat stability and a longer shelf life closer to olive oil's performance. High-linoleic varieties, the more traditional type, contain predominantly polyunsaturated linoleic acid, making them less heat-stable but still suitable for cold applications and certain industrial uses where heat stability matters less.
Monthly, though our analysts flag any material shift in feedstock costs or regional demand as soon as it emerges.
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