[SMM Hydrogen Cost] 20260616

I. Coal-to-Hydrogen

For Shandong anthracite, the transaction range was [1,830-1,930] and the average hydrogen cost was 1.8 yuan/m³.

For Shanxi anthracite, the transaction range was [1,040-1,120] and the average hydrogen cost was 1.22 yuan/m³.

For Hebei anthracite, the transaction range was [1,520-1,600] and the average hydrogen cost was 1.62 yuan/m³.

For Henan anthracite, the transaction range was [1,130-1,230] and the average hydrogen cost was 1.32 yuan/m³.

II. Natural Gas-to-Hydrogen

For Pearl River Delta natural gas, the transaction range was [6,600-6,620] and the average hydrogen cost was 3.04 yuan/m³.

For Zhejiang natural gas, the transaction range was [6,520-6,800] and the average hydrogen cost was 3.04 yuan/m³.

For Guangxi natural gas, the transaction range was [6,560-6,890] and the average hydrogen cost was 3.04 yuan/m³.

For eastern Guangdong natural gas, the transaction range was [6,600-6,620] and the average hydrogen cost was 3.01 yuan/m³.

For Henan natural gas, the transaction range was [6,260-6,470] and the average hydrogen cost was 2.95 yuan/m³.

For Hebei natural gas, the transaction range was [6,210-6,595] and the average hydrogen cost was 2.94 yuan/m³.

For Hubei natural gas, the transaction range was [6,540-6,900] and the average hydrogen cost was 3.08 yuan/m³.

For Guizhou natural gas, the transaction range was [6,650-6,990] and the average hydrogen cost was 3.11 yuan/m³.

For Sichuan natural gas, the transaction range was [6,560-6,825] and the average hydrogen cost was 3.08 yuan/m³.

For Shanxi natural gas, the transaction range was [6,220-6,330] and the average hydrogen cost was 2.86 yuan/m³.

For Shandong natural gas, the transaction range was [6,345-6,610] and the average hydrogen cost was 2.99 yuan/m³.

For Heilongjiang natural gas, the transaction range was [6,170-6,440] and the average hydrogen cost was 2.89 yuan/m³.

For Inner Mongolia natural gas, the transaction range was [6,340-6,580] and the average hydrogen cost was 2.91 yuan/m³.

III. Propane-to-Hydrogen

For South China propylene oxide, the transaction range was [6,610-6,610] and the average hydrogen cost was 3.75 yuan/m³.

For east China propylene oxide, the transaction range was [6,330-6,600] and the average hydrogen cost was 3.68 yuan/m³.

For Northeast China propylene oxide, the transaction range was [5,890-6,300] and the average hydrogen cost was 3.49 yuan/m³.

For Shandong propylene oxide, the transaction range was [6,130-6,530] and the average hydrogen cost was 3.63 yuan/m³.

IV. Methanol-to-Hydrogen

For east China methanol, the transaction range was [2,920-3,230] and the average hydrogen cost was 2.63 yuan/m³.

For central China methanol, the transaction range was [2,820-3,190] and the average hydrogen cost was 2.62 yuan/m³.

For north China methanol, the transaction range was [2,800-2,880] and the average hydrogen cost was 2.44 yuan/m³.

For south China methanol, the transaction range was [3,230-3,250] and the average hydrogen cost was 2.73 yuan/m³.

For northwest China methanol, the transaction range was [2,600-2,830] and the average hydrogen cost was 2.35 yuan/m³.

For southwest China methanol, the transaction range was [2,960-2,980] and the average hydrogen cost was 2.6 yuan/m³.

For northeast China methanol, the transaction range was [3,030-3,040] and the average hydrogen cost was 2.6 yuan/m³.