A recirculating valve according to the present invention comprises a fuel supplying passage in fluid communication with a fuel tank and an engine, a return passage in fluid communication with the engine and the fuel tank, a communication passage in fluid communication with the fuel supplying passage and the return passage. A temperature sensitive displacement portion that is provided in the fuel supplying passage and displaces in accordance with the fuel temperature. An on-off valve closes the communication passage when the fuel temperature in the fuel supplying passage is above a first prescribed temperature, and opens the communication passage when the fuel temperature in the fuel supplying passage is below a second prescribed temperature, in accordance with a displacement of the temperature sensitive displacement portion.