AbstractThe role of viscosity on was settling and refining loss in rice bran oil (RBO) has been studied with model systems of refined peanut oil and RBO of different free fatty acids contents. Wax was the only constituent of RBO that significantly increased the viscosity (81.5%) of oil. Monoglycerides synergistically raised the viscosity of the oil (by 114.2%) and lowered the rate of wax settling. Although a reduction in the viscosity of the oil significantly decreased the refining loss, the minimum loss attained was still 20% more than the theoretically predicted value. This led us to conclude that some chemical constituents, such as monoglycerides, must be removed before dewaxing; thereafter, oryzanol and phospholipids have to be removed. One can get an oil free of wax, recover other by‐products and reduce processing losses.