The invention discloses special lubricating oil of a bearing bush of a supporting roller of a rotary kiln and a manufacturing method thereof. The special lubricating oil contains the following components according to the content by mass percent: 49 to 69 percent of liquid paraffin chlorination and condensation synthetic oil, 15 to 35 percent of poly-alpha-alkene synthetic oil, 0.5 to 1.5 percent of tackifier, 2 to 4 percent of nano colloid molybdenum disulphide powder, 3.5 to 5.5 percent of organic molybdenum complex additive, 2.5 to 4.5 percent of borate complex additive, 1 to 3 percent of additive T406, 0.4 to 0.6 percent of antioxidant T203, 0.7 to 0.9 percent of antioxidant T531 and 0.6 to 0.8 percent of antioxidant T512. The invention has the favorable performances of extreme-pressure resistance, abrasion resistance, high-temperature resistance, water sprinkling resistance and oxidation resistance, can fully act as the functions of repairing the wire drawing of the bearing bush, decreasing the abrasion and lowering the temperature of the bearing bush, prolongs the use period of the bearing bush of the supporting roller and realizes the aims of energy saving and consumption reduction.