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Key Takeaway
- Factors affecting Solvent Ext. R.B. Oil (RG-I) prices: Prices are primarily influenced by paddy production, rice milling activity, raw rice bran availability, extraction volumes, oil recovery rates and rice bran oil inventories. Since the oil is obtained through solvent extraction, raw rice bran prices, bran oil content, extraction efficiency, processing costs and solvent-extraction margins directly affect pricing. Domestic edible-oil demand from households, food processors, restaurants and food-service industries is a key driver, while competing oils such as soybean, palm, sunflower and rapeseed/mustard oil influence its relative competitiveness.
- Prices are also affected by international rice bran oil prices, edible-oil import availability, import duties, government policies and domestic soybean/palm oil movements. Product-specific factors such as RG-I quality specifications, FFA, colour, moisture, impurities, wax content and refining requirements can create price differentials. Additionally, seasonal rice milling activity, refinery capacity, inventory levels, transportation costs, regional demand, currency movements and trader activity contribute to short-term price movements.
About This Dataset
Solvent Ext. R.B. Oil (RG-I) refers to solvent-extracted rice bran oil traded under the RG-I commercial grade or specification.
Commercial Relevance:
RG-I identifies the applicable commercial quality classification and provides a standardized basis for pricing and trading the product.
Methodology
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