Benzene Price & Market Intelligence
Assessment last updated 2025-11 ยท reassessed against supplier offers and lane data
Reference FOB, CIF and delivered market prices for Benzene imported into the GCC. Grade-level specifications, HS codes, producing origins and typical packaging โ sourced from Tradloc's verified market database.
| Grade | FOB USD/MT | HS code | 12-month change | Assessed |
|---|---|---|---|---|
| Reformer Grade | $780โ1050 | 290220 | +3.7% | 2025-11 |
Reformer Grade
- Purity / Spec:
- โฅ99.9%
- Form:
- Liquid
- Packaging:
- ISO Tank, Bulk
- MOQ:
- 22 MT
- Producing countries:
- South Korea, Saudi Arabia, India
- Applications:
- Styrene, Phenol, Cyclohexane
- CAS Number:
- 71-43-2
- Shelf Life:
- 24 months
- Category:
- Petrochemical
- Common applications:
- Styrene, Phenol, Cyclohexane
Benzene currently trades in a reference FOB band of USD 780โ1,050 per metric tonne, a spread of roughly 26% between the lowest and highest quoted origins. The width of that band is driven mainly by grade (Reformer Grade), loading origin, packaging format and order size. On a CIF basis into GCC ports, ocean freight, bunker surcharges and destination terminal handling typically add a further layer on top of FOB, and duty plus VAT are applied at the port of entry. Tradloc refreshes these reference ranges from supplier offers and lane data, so use them as a negotiation baseline rather than a settled contract price.
Commercial cargoes of Benzene reaching the GCC are sourced primarily from South Korea, Saudi Arabia, India. Saudi Arabia and the UAE dominate regional consumption as both producers and re-exporters, while Iraq, Kuwait and Oman import downstream volumes for converting and blending operations. Origin choice materially changes delivered cost: shorter lanes from India, Iran and the wider Middle East usually land cheaper on freight but can carry tighter grade availability, while Far East and European origins often offer wider specification choice at higher freight and longer transit.
Benzene is normally classified under HS 290220. GCC members apply the Unified Customs Tariff, so the same heading generally applies across UAE, Saudi Arabia, Oman, Qatar, Kuwait and Bahrain, with Iraq operating its own tariff schedule. Confirm the final code with your customs broker against the exact specification, purity and packaging on the commercial invoice, because a change of grade can shift the subheading and the duty rate that applies.
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