Rapeseed Oil Price
Price Chart
"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.
About Rapeseed Oil
Crushed from rapeseed/canola (see that page for the crop itself), used as cooking oil and, especially in the EU, as biodiesel feedstock under renewable-fuel mandates - the single biggest source of demand growth for this oil since the 2010s. Competes directly with soybean, sunflower and palm oil in both food and fuel markets, so prices move together with all three.
Latest World price (2025-12): -5% vs. the 5-year average, +15% vs. the 10-year average, +7% vs. a year ago.