Soft commodities · RSO

Rapeseed oil price

Rapeseed oil currently trades at US$526.47 per tonne (≈ €447.75 · £392.38) — effectively at the 12-month high. Over the past 12 months it has gained 7.82%, with the annual range running from US$446.25 to US$528.74. 24-hour movement is minimal (±0.00%).

US$526.47 / tonne
≈ €447.75 ≈ £392.38 Unchanged 24h 97% within the 52-week range
FX Editorial Team · Data updated: · Editorially verified
Rapeseed oil (RSO) price today US$526.47 / tonne, ↑ +0.00% (24h)

Rapeseed oil chart

Interactive chart and 30-day overview

7 days
▲ +0.71%
+US$3.72
30 days
▲ +5.12%
+US$25.63
1 year
▲ +7.82%
+US$38.20
52-week range
US$446.25 97% US$528.74
Rapeseed oil (RSO) 30-day price chart — USD, EUR, GBP

The Rapeseed oil chart shows how the rapeseed oil price has moved over time. The interactive view lets you switch the timeframe (from 7 days up to MAX), the currency (USD / EUR / GBP) and overlay moving averages. Click any two points to measure the percentage change between those dates.

How is rapeseed oil priced?

Rapeseed oil is priced per metric tonne (1 t = 1,000 kg) — the standard unit for industrial and bulk commodities on the London Metal Exchange (LME), CME and major European exchanges. Wholesale shipments move in containers or bulk vessels, typically in 25-tonne or 100-tonne lots.

At US$526.47 per tonne, one kilogram is worth US$0.5265. End-user pricing for processed goods includes refining margins, transport and tariffs on top of the wholesale benchmark.

What drives the price of rapeseed oil?

The EU biodiesel mandate is the single most important driver of the rapeseed oil market. Through the transport and fuel obligations in the Renewable Energy Directive (RED III), about 40% of rapeseed oil produced in the bloc ends up as FAME biodiesel. Rapeseed oil is the largest single feedstock in EU biodiesel production, ahead of imported palm oil and recycled used cooking oil (UCO). Changes in demand from the biodiesel industry therefore feed directly into the Euronext Paris RPSD rapeseed contract and related oil prices. Global rapeseed oil production is in the ~30 Mt range (FAO Oilcrops Market Monitor), of which the EU alone produces ~10 Mt, mainly from crops in Germany, France, Poland and Czechia.

The Ukrainian rapeseed crop and Black Sea logistics are the second major factor. Ukraine is the EU’s largest external supplier of rapeseed. EU oilseed crushers process the seed, and the resulting oil feeds German and French biodiesel refineries. Since the start of the war, Ukrainian crop planting decisions, the functioning of the sea corridor through Odesa, Chornomorsk and Yuzhne, Danube river shipments and the capacity of Romanian and Bulgarian ports such as Constanta and Varna have all affected prices. Rival vegetable oils — palm oil from Indonesia and Malaysia, tracked by MPOB data; soybean oil, traded through the CBOT ZL contract; and sunflower oil, quoted Black Sea FOB — create substitution pressure in cooking-oil and biodiesel markets. When rapeseed oil becomes more expensive, buyers shift towards the three alternatives and the spread between the four oils widens.

The third group of drivers is Canadian canola export supply and US RFS demand. Canada is the world’s largest canola exporter. The Canola (RS) futures contract on ICE Canada is the benchmark, and Canadian Canola Council data show that the country exports a significant share of its ~4 Mt of canola oil output. US renewable fuel rules (RFS biomass-based diesel) and California’s LCFS programme are drawing more Canadian canola oil into the United States as a feedstock for renewable diesel (HVO/RD). China, with ~8 Mt of rapeseed oil production, is the second-largest producer globally, while India is also a significant producer. The market is tracked through monthly data from USDA WASDE Oilseeds, FAO Oilcrops and the Canadian Canola Council.

How to invest in rapeseed oil

There is no exchange-traded futures contract for crude rapeseed oil, so regulated European brokers do not offer direct CFD or futures exposure. Neither XTB nor eToro lists a dedicated rapeseed oil product. The Euronext Paris Rapeseed (RPSD) seed contract is available to professional market participants such as trading houses and oilseed crushers, but typically not to private investors. Exposure to the market is instead usually indirect, through oilseed-processing and agribusiness shares: global traders such as Archer Daniels Midland — ADM and Bunge — BG, and Nutrien (NTR), a Canadian fertiliser and agricultural-inputs company linked to the canola value chain. Privately held Cargill is not listed. Two regulated brokers where these shares — along with related soybean and palm-oil products — may be available are:

30-day price history

Chart and daily closing prices

Rapeseed oil (RSO) 30-day price chart — USD, EUR, GBP

Daily close

30 trading days

Date Price (USD) Price (EUR) Price (GBP) Daily change
23 May 2026 US$526.47 €447.75 £392.38 ▲ +0.04%
22 May 2026 US$526.25 €447.56 £392.21 ▼ −0.47%
21 May 2026 US$528.74 €449.68 £394.07 ▲ +0.59%
20 May 2026 US$525.63 €447.03 £391.75 ▼ −0.52%
19 May 2026 US$528.38 €449.37 £393.80 ▲ +0.26%
18 May 2026 US$527.01 €448.21 £392.78 ▲ +0.81%
16 May 2026 US$522.75 €444.58 £389.61 ▲ +0.82%
15 May 2026 US$518.52 €440.99 £386.45 ▲ +0.63%
14 May 2026 US$515.26 €438.21 £384.02 ▼ −1.50%
13 May 2026 US$523.10 €444.88 £389.87 ▲ +0.79%
12 May 2026 US$518.99 €441.39 £386.80 ▲ +0.63%
11 May 2026 US$515.72 €438.60 £384.37 ▲ +0.87%
10 May 2026 US$511.25 €434.80 £381.03 ▼ −1.02%
6 May 2026 US$516.51 €439.28 £384.95 ▼ −1.58%
5 May 2026 US$524.80 €446.33 £391.13 ▼ −0.41%
4 May 2026 US$526.95 €448.16 £392.74 ▲ +1.19%
1 May 2026 US$520.75 €442.88 £388.11 ▼ −0.20%
30 Apr 2026 US$521.78 €443.76 £388.88 ▲ +1.72%
29 Apr 2026 US$512.95 €436.25 £382.30 ▲ +0.88%
28 Apr 2026 US$508.50 €432.46 £378.99 ▼ −0.09%
27 Apr 2026 US$508.97 €432.86 £379.34 ▲ +1.19%
25 Apr 2026 US$503.00 €427.79 £374.89 ▲ +0.43%
22 Apr 2026 US$500.84 €425.95 £373.28 ▲ +1.20%
21 Apr 2026 US$494.88 €420.88 £368.83 ▲ +0.78%
20 Apr 2026 US$491.03 €417.61 £365.96 —

Rapeseed oil: frequently asked questions

What is the difference between rapeseed oil and canola oil? +
The two terms refer to the same plant — Brassica napus, or rapeseed — but to different varietal selections. The North American term “canola” (Canadian Oil, Low Acid) was introduced in Canada for the “double-zero” line bred from traditional rapeseed. It has low erucic acid content (less than 2% of seed lipids) and reduced glucosinolate content, making it suitable for food use. In Europe, similar varieties are known as “00 rapeseed”. In market terms, the two products are essentially the same commodity: the European benchmark is quoted in EUR per tonne, while the Canadian benchmark is the ICE Canola (RS) contract in Winnipeg, quoted in CAD per tonne.
Why is there no exchange-traded futures contract for rapeseed oil? +
The physical market for refined rapeseed oil is geographically concentrated, with the EU and China accounting for a large share of use, and commercial cargoes are usually tied to specification, refining level and port. That makes it difficult to build a standardised, liquid futures contract for the oil itself. The value chain is covered by rapeseed contracts: Euronext Paris Rapeseed (RPSD) quotes European seed in EUR per tonne, while ICE Canada Canola (RS) quotes Canadian canola in CAD per tonne. Processors link the oil to those seed benchmarks through crush-margin models, while Argus, S&P Platts and ICIS provide daily price reporting.
How much does one litre of crude rapeseed oil cost on the world market? +
The EU crude FOB quote typically sits in the 900-1000 USD / tonne range. Converted to kilograms, that is roughly 0.90-1.00 USD/kg, or about 0.83-0.92 USD/L using a density of about 0.92 g/cm³. This is the wholesale price for crude, unrefined oil. Bottled, refined rapeseed oil on retail shelves in Europe or the UK costs several times more. The difference reflects freight, refining such as degumming, neutralisation, bleaching and deodorisation, bottling, producer and retailer margins, and local taxes. Tax treatment varies by jurisdiction; consult a local tax adviser.
Who is the largest producer and consumer of rapeseed oil? +
Global rapeseed oil production is in the ~30 Mt range, according to the FAO Oilcrops Market Monitor and USDA WASDE Oilseeds. The EU is the largest producer at ~10 Mt, with Germany, France, Poland and Czechia the main producing member states. It is also the largest consumer. China produces about ~8 Mt, typically for its domestic food industry. Canada exports a large share of its ~4 Mt canola oil output, mainly to China and Japan, and Canadian Canola Council data show that the country is the world’s largest canola exporter. India is also a significant producer, with local processing. The EU is also a net importer, bringing in Ukrainian and Canadian rapeseed as well as oil.
How does the EU biodiesel mandate affect rapeseed oil prices? +
The EU Renewable Energy Directive (RED III) is one of the biggest demand drivers for rapeseed oil through its transport fuel obligations. Around 40% of EU rapeseed oil output ends up as FAME biodiesel feedstock, and rapeseed oil is the largest single raw material in the bloc’s own biodiesel production. Demand is reinforced by RED III limits on vegetable oils with high indirect land-use change (ILUC) risk, such as palm oil, which shifts part of the renewable-fuel obligation towards domestic rapeseed oil. Several EU regulatory variables, including quota levels, accounting rules and sustainability criteria, can therefore affect the Euronext RPSD contract and oil prices.
Why do palm, soybean and sunflower oil matter for the rapeseed oil market? +
The four main vegetable oils — palm, soybean, sunflower and rapeseed oil — are largely substitutable in cooking-oil, food and biodiesel markets. When there is a rapeseed oil shock, such as a weak EU rapeseed crop, disruption to Ukrainian logistics or drought in Canada, buyers switch to cheaper palm or soybean oil and the spread between the four oils widens. Global palm oil production is about ~80 Mt, dominated by Indonesia and Malaysia; soybean oil production is about ~60 Mt, led by the US, Brazil and Argentina; and sunflower oil output is about ~22 Mt, centred on Ukraine and Russia. Malaysian FCPO, CBOT soybean oil (ZL) in Chicago and Black Sea sunflower oil quotes therefore also influence rapeseed oil prices indirectly.
What role does Canadian canola play in the global market? +
Canada is the world’s largest canola exporter. According to the Canadian Canola Council, the country’s annual canola oil output is ~4 Mt, and a significant share is exported. Trade policy is a sensitive part of the market: Chinese import restrictions or changes to Japanese mandates can reprice the ICE Canada Canola (RS) futures contract directly. A newer source of demand is the US RFS biomass-based diesel mandate and California’s LCFS programme. These draw more Canadian canola oil into the United States as renewable diesel (HVO/RD) feedstock, reshaping Canadian export flows.
Can I buy rapeseed oil CFDs at XTB or eToro? +
No — neither XTB nor eToro offers a direct rapeseed oil CFD or futures product, because the commodity has no liquid exchange-traded benchmark. Indirect exposure is available through agribusiness and oilseed-processing shares. Global oilseed groups such as Archer Daniels Midland — ADM, Bunge — BG, the Canadian canola value-chain company Nutrien (NTR), and renewable diesel refiners such as Neste — NESTE.HE, Darling Ingredients — DAR are available as CFDs or shares at both brokers. Substitute markets such as palm, soybean and sunflower oil can be tracked through CBOT soybean oil CFDs or the SOYB ETF; their prices can move in line with rapeseed oil.

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Data sources: FAO — Oilcrops Market Monitor · Euronext — Rapeseed Futures (RPSD) · Canadian Canola Council · USDA WASDE — Oilseeds (World Agricultural Supply and Demand Estimates)