NH3X is built on an international framework that captures relevant locations across the value chain, including production, logistics, import infrastructure, and conversion-related pathways, to reflect global, rather than regional, price formation for NH3X and its hydrogen-derived reference,H2OXX.location_onlocation_onlocation_onlocation_onlocation_onlocation_onlocation_onlocation_onlocation_on
NH₃X Highlights – What defines our benchmarkTransparent pricing logic based on reconversion, certification, logistics & market signals.
Verified Methodology 2. Certification Signals
New benchmark price every Monday based on validated multi-factor inputs.
Weekly UpdatesTracks RED III, CertifHy, RSB and TÜV inputs across markets.
Indicative Use OnlyNH₃X is not a transaction price. It reflects market-informed cost structures.
Audit-Ready StructureInternal calculation logic aligned with developing governance framework.
Bridge to HydrogenNH₃X reflects ammonia’s role as a hydrogen carrier in global supply chains.
The next level in energy benchmark innovation
Published weekly, NH₃X delivers a transparent, data-driven reference price based on reconversion economics, certification frameworks, carbon intensity and macro-market conditions.
Unlike transactional indices, NH₃X follows a strict methodology to reflect real-world costs of ammonia handling, cracking and hydrogen recovery – especially across major import hubs.
As hydrogen markets mature, NH₃X aims to become a neutral, institutional-grade pricing signal for investors, traders, and regulators shaping the future of ammonia-based energy systems.
1 TransparentNo market position. No conflict of interest.
2 RelevantCovers key import hubs with weight-based formulas.
3 IndependentPublished weekly, clearly structured, verifiable methodology.
What is NH3X?Find quick answers to the most important questions about NH3X, its methodology, and its role in the low-carbon ammonia market. NH3X FAQs arrow_backHow is the NH3X price calculated?arrow_backIs NH3X a tradable exchange price?arrow_backNH3X is an indicative weekly benchmark reference for low-carbon ammonia. It is designed to provide a structured market reference for an emerging and still fragmented sector.NH3X is calculated through a defined methodology that combines key market components such as production economics, logistics, certification-related costs etc.No. NH3X is not an exchange settlement price, not a firm offer, and not a guaranteed transaction price. It is an indicative benchmark-style reference for market orientation.