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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)

0.31-0.33

0.32

Jan 21, 2026

Henan Green Hydrogen (USD/nm³)

0.33-0.4

0.37

Jan 21, 2026

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Blue Hydrogen

Price description

Price Range

Avg.

Change

Date

Zhejiang Blue Hydrogen Price (USD/nm³)

0.35-0.37

0.36

+0.02

Dec 31, 2025

Anhui Blue Hydrogen Price (USD/nm³)

0.33-0.44

0.38

+0.01

Dec 31, 2025

Hunan Blue Hydrogen Price (USD/nm³)

0.3-0.32

0.31

+0.02

Dec 31, 2025

Jiangxi Blue Hydrogen Price (USD/nm³)

0.38-0.41

0.39

+0.02

Dec 31, 2025

Shanghai Blue Hydrogen Price (USD/nm³)

0.37-0.4

0.39

+0.01

Dec 31, 2025

Jiangsu Blue Hydrogen Price (USD/nm³)

0.33-0.42

0.37

+0.02

Dec 31, 2025

Guangdong Blue Hydrogen Price (USD/nm³)

0.32-0.48

0.4

+0.03

Dec 31, 2025

Shandong Blue Hydrogen Price (USD/nm³)

0.27-0.42

0.34

+0.03

Dec 31, 2025

Hebei Blue Hydrogen Price (USD/nm³)

0.25-0.42

0.33

+0.02

Dec 31, 2025

Shanxi Blue Hydrogen Price (USD/nm³)

0.33-0.44

0.39

+0.02

Dec 31, 2025

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Methanol

Price description

Price Range

Avg.

Change

Date

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

252.26-286.48

269.37

-3.32

Jan 21, 2026

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

226.91-264.93

245.92

+24.6

Jan 21, 2026

Methanol(South China) (USD/mt)

283.95-283.95

283.95

+1.11

Jan 21, 2026

Methanol(North China) (USD/mt)

249.72-262.4

256.06

-1.41

Jan 21, 2026

Methanol(Central China) (USD/mt)

261.13-290.29

275.71

+0.16

Jan 21, 2026

Methanol(East China) (USD/mt)

270-286.48

278.24

-1.42

Jan 21, 2026

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

270-277.61

273.81

-9.03

Jan 21, 2026

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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

Jan 21, 2026

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

0.27-0.33

0.3

Jan 21, 2026

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

0.27-0.32

0.29

Jan 21, 2026

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

0.29-0.34

0.32

Jan 21, 2026

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

0.27-0.3

0.29

Jan 21, 2026

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

0.29-0.33

0.31

Jan 21, 2026

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

0.38-0.46

0.42

Jan 21, 2026

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

0.32-0.39

0.35

Jan 21, 2026

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

0.32-0.39

0.35

Jan 21, 2026

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

0.25-0.29

0.27

Jan 21, 2026

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

0.34-0.42

0.38

Jan 21, 2026

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

0.38-0.44

0.41

Jan 21, 2026

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

0.32-0.44

0.38

Jan 21, 2026

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

0.41-0.43

0.42

Jan 21, 2026

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

0.34-0.38

0.36

Jan 21, 2026

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

0.28-0.33

0.3

Jan 21, 2026

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

0.32-0.38

0.35

Jan 21, 2026

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

0.25-0.32

0.29

Jan 21, 2026

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

0.29-0.33

0.31

Jan 21, 2026

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

0.32-0.39

0.35

Jan 21, 2026

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Catalyst

Price description

Price Range

Avg.

Change

Date

85% Iridium Oxide (USD/oz)

5,736.72-5,776.14

5,756.43

-3.22

Jan 21, 2026

20% Platinum Carbon (USD/oz)

615.07-630.84

622.96

+11.49

Jan 21, 2026

40% Platinum Carbon (USD/oz)

1,103.97-1,123.69

1,113.83

+36.85

Jan 21, 2026

60% Platinum Carbon (USD/oz)

1,596.82-1,612.59

1,604.7

+54.33

Jan 21, 2026

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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)

141.09-148.31

144.7

-1.1

Jan 21, 2026

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

128.92-135.26

132.09

-0.96

Jan 21, 2026

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

135-141.85

138.42

-1.03

Jan 21, 2026

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

122.83-128.79

125.81

-0.83

Jan 21, 2026

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Alkaline Electrolyzer

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