Rapeseed sunflower oil prices reached multi-year highs in April 2026, marking a significant milestone for the global vegetable oil market. According to an analysis of World Bank data conducted by RIA Novosti, global rapeseed oil prices climbed close to the level last seen in November 2022. Furthermore, sunflower oil prices also posted strong gains, reaching their highest point since August 2022. Both developments signal a tightening supply environment and growing demand pressure across the edible oils sector globally.
Rapeseed Sunflower Oil Prices Hit 4-Year Highs in April
Global rapeseed oil prices rose in March to nearly the level seen in November 2022, according to an analysis of World Bank data by RIA Novosti. Specifically, the average price in April stood at $1,330.09 per ton. This represents a 5.5% increase compared to $1,256.48 a year earlier. Consequently, prices reached their highest level since November 2022, when the product was priced at $1,377.58 per ton.
Sunflower Oil Prices: Highest Since August 2022
The cost of sunflower oil rose by 6% to $1,303.9 per ton. This is up from $1,225 a year earlier. Moreover, this figure marks the highest value recorded since August 2022, when the average price for the product was $1,496.22 per ton. Therefore, both rapeseed and sunflower oil markets are clearly trending upward. Additionally, the simultaneous surge in both oils points to broader supply concerns affecting vegetable oil markets worldwide.
Context: Why Vegetable Oil Prices Are Rising
Furthermore, the price increases in rapeseed and sunflower oils reflect several interconnected market factors. Supply concerns remain a primary driver in both sectors. Additionally, global demand for edible oils continues to grow steadily. Consequently, market participants are watching pricing trends closely for signs of further acceleration or stabilization. In summary, the April 2026 data confirms that rapeseed sunflower oil prices are at their most elevated levels in approximately four years — a development with meaningful implications for food producers, traders, and importers worldwide.
Source: Oleoscope (Russia)