Assessment last updated 2025-11 ยท reassessed against supplier offers and lane data
Reference FOB, CIF and delivered market prices for Methanol 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 |
|---|---|---|---|---|
| Grade AA | $290โ420 | 290511 | -7.2% | 2025-11 |
Methanol currently trades in a reference FOB band of USD 290โ420 per metric tonne, a spread of roughly 31% between the lowest and highest quoted origins. The width of that band is driven mainly by grade (Grade AA), 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 Methanol reaching the GCC are sourced primarily from Saudi Arabia, Oman, Iran, Trinidad. 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.
Methanol is normally classified under HS 290511. 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.
Run the Petrochemical Price Estimator to get a lane-specific CIF and delivered range, or request supplier quotes.
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