Rice bran is a by-product of the rice milling industry from
which rice bran oil is extracted. Typically rice bran accounts
for 7 –8 % of the rice produced and the recovery of rice
bran oil from rice bran is usually 15%. Rice bran oil is used
for human consumption. Anti-oxidants of Vitamin E group are
naturally occurring in rice bran oil. Appearance of rice bran
oil ranges from cloudy to clear depending on the degree of dewaxing
and winterization process applied. It also has several industrial
uses. After oil extraction, the by-product obtained is de-oiled
rice bran.
Global Scenario
Global
production of rice bran oil fluctuates between 10 - 14 lakh
tons depending on rice production.
Rice Bran Oil is extensively used in Japan,
Korea, China, Taiwan and Thailand as 'Premium Edible Oil'.
India, China, Japan and Myanmar are important
producers of rice bran oil constituting more than 95 % of
global production.
India is the largest importer of rice bran
oil followed by Japan.
Indian Scenario
India produces around 7 – 9 lakh
tons of rice bran oil.
India imports around 40,000 –
45,000 tons of rice bran oil.
In normal scenario, India has a capacity
to process 12 lakh tons of rice bran oil
India exports 20,000 – 30,000 tons
of rice bran oil.
Important World Rice Bran Oil Markets
India, Japan and China are largest market
of this commodity.
There is no futures market for rice bran
oil in the world except in India
Price Volatility
Month-to-Month Variation in Ricebran Oil Prices at Mumbai (1994-2003)
Variation
in %
<2
2-5
5-10
>10
No:
of times
31
30
35
17
In
%
27.43363
26.54867
30.97345
15.04425
Factors Influencing Rice Bran Oil
Markets
The development
of the industry with respect to the actual production of rice
bran and oil against the potential production
