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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 16, 2025

Henan Green Hydrogen (USD/nm³)

0.33-0.39

0.36

Dec 16, 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)

246.86-281.95

264.41

-0.92

Dec 16, 2025

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

240.6-260.65

250.62

-0.31

Dec 16, 2025

Methanol(South China) (USD/mt)

259.39-264.41

261.9

+0.95

Dec 16, 2025

Methanol(North China) (USD/mt)

255.63-273.18

264.41

+0.95

Dec 16, 2025

Methanol(Central China) (USD/mt)

266.91-284.45

275.68

-1.22

Dec 16, 2025

Methanol(East China) (USD/mt)

264.41-290.72

277.56

-0.59

Dec 16, 2025

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

281.95-284.45

283.2

+1.6

Dec 16, 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 16, 2025

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

0.26-0.33

0.29

Dec 16, 2025

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

0.26-0.31

0.29

Dec 16, 2025

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

0.29-0.34

0.31

Dec 16, 2025

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

0.26-0.3

0.28

Dec 16, 2025

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

0.29-0.33

0.31

Dec 16, 2025

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

0.38-0.45

0.41

Dec 16, 2025

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

0.31-0.39

0.35

Dec 16, 2025

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

0.31-0.39

0.35

Dec 16, 2025

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

0.25-0.29

0.27

Dec 16, 2025

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

0.34-0.41

0.38

Dec 16, 2025

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

0.38-0.44

0.41

Dec 16, 2025

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

0.31-0.44

0.38

Dec 16, 2025

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

0.4-0.43

0.41

Dec 16, 2025

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

0.34-0.38

0.36

Dec 16, 2025

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

0.28-0.33

0.3

Dec 16, 2025

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

0.31-0.38

0.34

Dec 16, 2025

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

0.25-0.31

0.28

Dec 16, 2025

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

0.29-0.33

0.31

Dec 16, 2025

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

0.31-0.39

0.35

Dec 16, 2025

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Catalyst

Price description

Price Range

Avg.

Change

Date

85% Iridium Oxide (USD/oz)

4,267.87-4,287.35

4,277.61

+24.79

Dec 16, 2025

20% Platinum Carbon (USD/oz)

1,052.35-1,071.84

1,062.09

-18.14

Dec 16, 2025

40% Platinum Carbon (USD/oz)

1,387.54-1,407.03

1,397.29

-19.67

Dec 16, 2025

60% Platinum Carbon (USD/oz)

1,714.94-1,738.33

1,726.63

-17.31

Dec 16, 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)

120.17-124.43

122.3

-1.6

Dec 16, 2025

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

110.52-114.28

112.4

-1.42

Dec 16, 2025

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

115.29-119.42

117.35

-1.54

Dec 16, 2025

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

105.64-109.27

107.45

-1.31

Dec 16, 2025

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Alkaline Electrolyzer

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