NH₃X is the independent benchmark for energy-grade ammonia Get the Methodology attach_money 974.18 USD/t NH₃ / H₂OXX: 5,52 USD/kg H₂ KW 22 – 01.06.2026

NH₃X Price History
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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_on location_on location_on location_on location_on location_on location_on location_on location_on

NH₃X Highlights – What defines our benchmark Transparent 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 Updates Tracks RED III, CertifHy, RSB and TÜV inputs across markets. Indicative Use Only NH₃X is not a transaction price. It reflects market-informed cost structures. Audit-Ready Structure Internal calculation logic aligned with developing governance framework. Bridge to Hydrogen NH₃X 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 Transparent No market position. No conflict of interest. 2 Relevant Covers key import hubs with weight-based formulas. 3 Independent Published weekly, clearly structured, verifiable methodology.

Who NH₃X is for
check_circle Producers shaping pricing assumptions
check_circle Traders using a second reference
Built for clean ammonia and hydrogen-linked markets NH₃X is designed for companies involved in energy-grade ammonia, clean ammonia imports and hydrogen-linked valuation. It supports teams that need an independent reference point for pricing discussions, internal valuation, offer comparison and early contract structuring.
check_circle Investors assessing project economics
For Market Participants
check_circle Offtakers comparing ammonia routes
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How Companies Use NH₃X NH₃X supports pricing discussions, internal valuation, shadow benchmarking and early contract structuring for energy-grade ammonia markets. Book Benchmark Review arrow_right Internal Valuation Offer Comparison Compare ammonia offers, import routes and hydrogen-equivalent cost structures. Shadow Benchmarking Use NH₃X alongside existing pricing logic as an independent second reference. Support pricing assumptions for clean ammonia and hydrogen-linked projects. Contract Structuring Support early-stage pricing discussions, term sheets and LOI structures.

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_back How is the NH3X price calculated? arrow_back Is NH3X a tradable exchange price? arrow_back NH3X 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.

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