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SMM Index

MMi

Exchange Rate

Hydrogen Energy prices

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Green Hydrogen

Price description

Price Range

Avg.

Change

Date

Xinjiang Green Hydrogen (USD/nm³)

0.3-0.33

0.31

Dec 18, 2025

Henan Green Hydrogen (USD/nm³)

0.33-0.39

0.36

Dec 18, 2025

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Blue Hydrogen

Price description

Price Range

Avg.

Change

Date

Zhejiang Blue Hydrogen Price (USD/nm³)

0.32-0.35

0.34

+0.01

Nov 28, 2025

Anhui Blue Hydrogen Price (USD/nm³)

0.31-0.43

0.37

Nov 28, 2025

Hunan Blue Hydrogen Price (USD/nm³)

0.29-0.29

0.29

+0.01

Nov 28, 2025

Jiangxi Blue Hydrogen Price (USD/nm³)

0.36-0.39

0.37

+0.01

Nov 28, 2025

Shanghai Blue Hydrogen Price (USD/nm³)

0.35-0.39

0.37

Nov 28, 2025

Jiangsu Blue Hydrogen Price (USD/nm³)

0.31-0.4

0.36

+0.01

Nov 28, 2025

Guangdong Blue Hydrogen Price (USD/nm³)

0.26-0.47

0.37

Nov 28, 2025

Shandong Blue Hydrogen Price (USD/nm³)

0.24-0.39

0.31

-0.01

Nov 28, 2025

Hebei Blue Hydrogen Price (USD/nm³)

0.22-0.41

0.32

-0.01

Nov 28, 2025

Shanxi Blue Hydrogen Price (USD/nm³)

0.29-0.44

0.36

Nov 28, 2025

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Methanol

Price description

Price Range

Avg.

Change

Date

Methanol(South-west China) (USD/mt)

239.29-283.14

261.22

-3.94

Dec 18, 2025

Methanol(North-west China) (USD/mt)

240.55-260.59

250.57

-0.8

Dec 18, 2025

Methanol(South China) (USD/mt)

264.35-268.11

266.23

+1.07

Dec 18, 2025

Methanol(North China) (USD/mt)

256.83-273.12

264.98

-0.18

Dec 18, 2025

Methanol(Central China) (USD/mt)

269.36-286.9

278.13

+0.75

Dec 18, 2025

Methanol(East China) (USD/mt)

271.24-293.16

282.2

+3.25

Dec 18, 2025

Methanol(North-east China) (USD/mt)

279.38-281.89

280.64

-2.7

Dec 18, 2025

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High-purity Hydrogen

Price description

Price Range

Avg.

Change

Date

High-Purity Hydrogen (Shaanxi) (USD/nm³)

0.39-0.43

0.41

Dec 18, 2025

High-Purity Hydrogen (Ningxia) (USD/nm³)

0.26-0.33

0.29

Dec 18, 2025

High-Purity Hydrogen (Hebei) (USD/nm³)

0.26-0.31

0.29

Dec 18, 2025

High-Purity Hydrogen (Shanxi) (USD/nm³)

0.29-0.34

0.31

Dec 18, 2025

High-Purity Hydrogen (Tianjin) (USD/nm³)

0.26-0.3

0.28

Dec 18, 2025

High-Purity Hydrogen (Beijing) (USD/nm³)

0.29-0.33

0.31

Dec 18, 2025

High-Purity Hydrogen (Inner Mongolia) (USD/nm³)

0.38-0.45

0.41

Dec 18, 2025

High-Purity Hydrogen (Hunan) (USD/nm³)

0.31-0.39

0.35

Dec 18, 2025

High-Purity Hydrogen (Hubei) (USD/nm³)

0.31-0.39

0.35

Dec 18, 2025

High-Purity Hydrogen (Henan) (USD/nm³)

0.25-0.29

0.27

Dec 18, 2025

High-Purity Hydrogen (Chongqing) (USD/nm³)

0.34-0.41

0.38

Dec 18, 2025

High-Purity Hydrogen (Sichuan) (USD/nm³)

0.38-0.44

0.41

Dec 18, 2025

High-Purity Hydrogen (Guangdong) (USD/nm³)

0.31-0.44

0.38

Dec 18, 2025

High-Purity Hydrogen (Fujian) (USD/nm³)

0.4-0.43

0.41

Dec 18, 2025

High-Purity Hydrogen (Zhejiang) (USD/nm³)

0.34-0.38

0.36

Dec 18, 2025

High-Purity Hydrogen (Jiangxi) (USD/nm³)

0.28-0.33

0.3

Dec 18, 2025

High-Purity Hydrogen (Jiangsu) (USD/nm³)

0.31-0.38

0.34

Dec 18, 2025

High-Purity Hydrogen (Shandong) (USD/nm³)

0.25-0.31

0.28

Dec 18, 2025

High-Purity Hydrogen (Anhui) (USD/nm³)

0.29-0.33

0.31

Dec 18, 2025

High-Purity Hydrogen (Shanghai) (USD/nm³)

0.31-0.39

0.35

Dec 18, 2025

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Catalyst

Price description

Price Range

Avg.

Change

Date

85% Iridium Oxide (USD/oz)

4,305.93-4,325.41

4,315.67

+16.5

Dec 18, 2025

20% Platinum Carbon (USD/oz)

1,013.16-1,032.64

1,022.9

-20.21

Dec 18, 2025

40% Platinum Carbon (USD/oz)

1,348.28-1,367.77

1,358.02

-20.44

Dec 18, 2025

60% Platinum Carbon (USD/oz)

1,675.61-1,698.99

1,687.3

-20.67

Dec 18, 2025

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Alkaline Electrolyzer

Price description

Price Range

Avg.

Change

Date

SMM 46 Mesh Nickel Wire #Wire Diameter 0.25 mm, Ex-works China, VAT included, yuan/piece (USD/piece)

121.02-126.04

123.53

+0.79

Dec 18, 2025

SMM 46 Mesh Nickel Wire #Wire Diameter 0.19 mm, Ex-works China, VAT included, yuan/piece (USD/piece)

111.25-115.64

113.44

+0.67

Dec 18, 2025

SMM 40 Mesh Nickel Wire #Wire Diameter 0.25 mm, Ex-works China, VAT included, yuan/piece (USD/piece)

116.14-120.9

118.52

+0.8

Dec 18, 2025

SMM 40 Mesh Nickel Wire #Wire Diameter 0.19 mm, Ex-works China, VAT included, yuan/piece (USD/piece)

106.49-110.5

108.5

+0.68

Dec 18, 2025

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Alkaline Electrolyzer

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