Rapeseed Oil Price in China Rises 1.8% to USD 1,529/tonne
Rapeseed oil OI in China gained on the week while remaining below its August peak, with domestic stocks and import flows shaping supply conditions.
Rapeseed oil OI in China was quoted at USD 1,529/tonne as of 2026-09-24, up 1.8% from USD 1,503/tonne on 2026-09-15. The monthly change stood at -2.0%, measured against USD 1,561/tonne on 2026-08-21, which was also the 52-week high. Over the quarter the price is up 4.7% from USD 1,460/tonne on 2026-06-12, and over the year it is up 9.8% from USD 1,392/tonne on 2025-09-24. The 52-week low was USD 1,242/tonne on 2025-12-19.
Claight market monitoring shows that rapeseed oil inventories at major coastal oil plants fell by 19,000 tonnes to 422,800 tonnes as of September 11, 2026.
On the import side, Reuters reported that private Chinese crushers resumed Australian canola imports, with arrivals in early September 2026.
Futures activity has also been a feature of the market. Mysteel reported that the ZCE OI2609 contract broke above 10,700 RMB/tonne by August 20, 2026, driven by delivery squeezes and low stocks.