For the Quarter Ending December 2025
Used Cooking Oil (UCO) Prices inÌýNorth America
- In United States, the Used Cooking Oil (UCO) Price Index rose quarter-over-quarter in Q4 2025, driven by robust biofuel demand and rising operational costs.
- Used Cooking Oil (UCO) demand outlook strengthened in Q4 2025 due to federal biofuel incentives and state mandates.
- Used Cooking Oil (UCO) production costs increased, with CPI rising 2.7% in December 2025 and PPI climbing 3.0% in November 2025.
- Industrial production expanded 2.0% year-over-year in December 2025, supporting overall biofuel market demand.
- Retail sales increased 3.3% year-over-year in November 2025, boosting UCO generation from food service.
- A 4.4% unemployment rate in December 2025 supported consumer spending, increasing UCO supply.
- Biofuel production facilities faced operational reductions during 2025, impacting overall UCO market supply.
- Soybean oil, a primary biofuel feedstock, experienced downward price pressure throughout 2025, softening broader costs.
Why did the price of Used Cooking Oil (UCO) change in December 2025 in North America?
- Strong federal and state biofuel mandates significantly increased demand for UCO-derived fuels in Q4 2025.
- Rising operational costs, evidenced by a 2.7% CPI increase in December 2025, pressured UCO collection expenses.
- Increased industrial production and retail sales in Q4 2025 supported UCO generation and biofuel market demand.
APAC
- In China, the Used Cooking Oil (UCO) Price Index rose in Q4 2025 and settled at USD 1080/MT, driven by robust industrial demand and tightened domestic supply.
- The UCO Price Forecast indicates upward pressure due to sustained demand for Sustainable Aviation Fuel (SAF) in 2025.
- UCO Production Cost Trend saw stabilization in Q4 2025 as Producer Price Index (PPI) declines narrowed to -1.9% in December 2025.
- UCO Demand Outlook strengthened in December 2025, supported by a 5.2% increase in industrial production year-over-year.
- Domestic UCO supply tightened in 2025 following China's abolition of a 13% tax rebate on biofuel feedstock exports.
- Chinese biodiesel exports collapsed in 2025 due to EU anti-dumping duties, redirecting UCO towards domestic SAF.
- Consumer spending remained subdued in December 2025, with retail sales growing 0.9% year-over-year, impacting UCO generation.
- The Manufacturing Index expanded in December 2025, indicating industrial sector growth and supporting UCO demand.
Why did the price of Used Cooking Oil (UCO) change in December 2025 in APAC?
- Domestic demand for UCO for Sustainable Aviation Fuel (SAF) production strengthened in 2025.
- Industrial production grew by 5.2% in December 2025, boosting UCO demand for industrial applications.
- UCO supply tightened in 2025 due to abolished export tax rebates and pivot to domestic SAF.
Ìý
Used Cooking Oil (UCO) Prices inÌýEurope
- In Germany, the Used Cooking Oil (UCO) Price Index rose quarter-over-quarter in Q4 2025, driven by robust biofuel demand.
- UCO production costs were influenced by policy uncertainty in Q4 2025, despite PPI declining 2.5% in December 2025.
- Robust demand for UCO in biodiesel and HVO production in Q4 2025 was supported by strengthened renewable energy demand.
- European markets relied more on UCO imports in Q4 2025, as EU waste oil imports surged in October 2025.
- Global competition for UCO feedstock intensified in Q4 2025, partly due to expanding Chinese SAF production.
- Low Sulfur Gas Oil spot prices spiked in October 2025, enhancing UCO's attractiveness for biodiesel blending.
- Germany's Manufacturing Index contracted in December 2025, while industrial production grew by 0.8% in October 2025.
- Consumer confidence declined to -17.5 in December 2025, with 6.2% unemployment, impacting UCO generation.
- Moderate CPI growth of 1.8% in December 2025 and 1.1% retail sales in November 2025 indicated mixed consumer spending.
Why did the price of Used Cooking Oil (UCO) change in December 2025 in Europe?
- Robust demand for UCO in biofuel production in Q4 2025 supported price increases.
- Intensifying global competition for UCO feedstock in Q4 2025 exerted upward price pressure.
- Contracting Manufacturing Index in December 2025, offset by 0.8% industrial production growth in October.
For the Quarter Ending September 2025
North America
- In the United States, the Used Cooking Oil (UCO) Price Index rose quarter-over-quarter, supported by strong domestic demand.
- UCO production costs were elevated due to biorefinery feedstock expenses, despite softening natural gas prices in Q3 2025.
- Demand for UCO in renewable diesel softened, but federal and state policies strengthened domestic sourcing in Q3 2025.
- Robust retail sales, up 5.42% year-over-year in September 2025, boosted UCO generation from food service.
- A low unemployment rate of 4.3% in September 2025 supported consumer spending, increasing UCO supply.
- Stagnant industrial production, up 0.1% in September 2025, indicated weak demand for UCO in industrial applications.
- Moderate CPI inflation of 3.0% in September 2025 increased UCO collection costs, impacting overall supply expenses.
- Rising Producer Price Index (2.6% in August 2025) suggested higher UCO processing costs, yet enhanced UCO's competitiveness.
- The UCO Price Forecast suggests continued support from domestic policy and robust food service generation.
Why did the price of Used Cooking Oil (UCO) change in September 2025 in North America?
- Retail sales growth of 5.42% in September 2025 boosted UCO generation from food service.
- Federal and state policies strengthened domestic UCO demand significantly in Q3 2025.
- Elevated biorefinery feedstock costs contributed to higher UCO production expenses in Q3 2025.
APAC
- In China, the Used Cooking Oil (UCO) Price Index fell quarter-over-quarter in Q3 2025, influenced by moderated economic recovery.
- Used Cooking Oil (UCO) demand faced pressure from contracting manufacturing activity and soft domestic demand in September 2025.
- Industrial Production expanded by 6.5% year-over-year in September 2025, providing some support for Used Cooking Oil (UCO) demand.
- Used Cooking Oil (UCO) supply was impacted by a -0.3% CPI year-over-year in September 2025, indicating weaker consumer demand.
- Retail sales increased by 3.0% year-over-year in September 2025, positively influencing Used Cooking Oil (UCO) generation.
- Producer prices declined by 2.3% year-over-year in September 2025, suggesting lower industrial input costs for UCO applications.
- Pessimistic consumer confidence and a 5.2% unemployment rate in September 2025 further reduced UCO supply.
- China's overall economic recovery moderated in Q3 2025, contributing to soft domestic demand for Used Cooking Oil (UCO).
Why did the price of Used Cooking Oil (UCO) change in September 2025 in APAC?
- Weaker consumer demand, with -0.3% CPI and pessimistic confidence in September 2025, reduced UCO supply.
- Contracting manufacturing and -2.3% PPI in September 2025 indicated soft industrial demand for UCO.
- Moderated economic recovery and soft domestic demand in Q3 2025 pressured overall UCO market dynamics.
Europe
- In Germany, the Used Cooking Oil (UCO) Price Index fell in Q3 2025, driven by contracting industrial demand.
- UCO production costs faced upward pressure from a 2.4% CPI increase in September 2025, affecting collection and processing.
- The Manufacturing Index was contracting in Q3 2025, signaling reduced industrial activity and UCO demand.
- Industrial production declined by 1.0% in September 2025, dampening demand for UCO-derived oleochemicals.
- Producer prices fell by 1.7% in September 2025, reducing UCO processing costs and biofuel competitiveness.
- Retail sales rose 0.2% in September 2025, offering slight support to UCO supply from food services.
- Food Industry employment increased in Q3 2025, suggesting a stable source for UCO generation.
- The UCO Price Index is forecast to remain under pressure due to persistent industrial slowdowns.
- European natural gas price fluctuations in Q3 2025 influenced UCO processing energy costs.
Why did the price of Used Cooking Oil (UCO) change in September 2025 in Europe?
- Industrial demand for UCO-derived products weakened from a contracting Manufacturing Index in Q3 2025.
- Lower producer prices in September 2025 reduced biofuel blending incentives, impacting UCO demand.
- Increased CPI in September 2025 raised UCO collection and processing costs.