[SMM Hydrogen Cost Daily Review]202607812

Published: Aug 13, 2026 09:35

1. Coal-to-Hydrogen

In Shandong, the anthracite transaction range was [1,990-1,990], and the average hydrogen cost was [1.87 yuan/m³]

In Hebei, the anthracite transaction range was [1,740-1,740], and the average hydrogen cost was [1.72 yuan/m³]

In Shanxi, the anthracite transaction range was [1,260-1,260], and the average hydrogen cost was [1.31 yuan/m³]

In Henan, the anthracite transaction range was [1,290-1,290], and the average hydrogen cost was [1.41 yuan/m³]

 

2. Natural Gas-to-Hydrogen

In eastern Guangdong, the natural gas transaction range was [5,850-5,870], and the average hydrogen cost was [2.7 yuan/m³]

In Guangxi, the natural gas transaction range was [5,540-6,070], and the average hydrogen cost was [2.67 yuan/m³]

In Shanxi, the natural gas transaction range was [5,340-5,540], and the average hydrogen cost was [2.52 yuan/m³]

In Hebei, the natural gas transaction range was [5,430-5,860], and the average hydrogen cost was [2.63 yuan/m³]

In Shandong, the natural gas transaction range was [5,505-5,650], and the average hydrogen cost was [2.62 yuan/m³]

In the Pearl River Delta, the natural gas transaction range was [5,860-5,870], and the average hydrogen cost was [2.74 yuan/m³]

In Hubei, the natural gas transaction range was [5,560-5,780], and the average hydrogen cost was [2.65 yuan/m³]

In Henan, the natural gas transaction range was [5,520-5,700], and the average hydrogen cost was [2.64 yuan/m³]

In Guizhou, the natural gas transaction range was [5,330-5,510], and the average hydrogen cost was [2.54 yuan/m³]

In Sichuan, the natural gas transaction range was [5,330-5,610], and the average hydrogen cost was [2.58 yuan/m³]

In Zhejiang, the natural gas transaction range was [6,030-6,420], and the average hydrogen cost was [2.86 yuan/m³]

In Inner Mongolia, the natural gas transaction range was [5,450-5,670], and the average hydrogen cost was [2.54 yuan/m³]

In Heilongjiang, the natural gas transaction range was [5,560-5,900], and the average hydrogen cost was [2.66 yuan/m³]

 

3. Propane-to-Hydrogen

In northeast China, the propane transaction range was [5,330-5,560], and the average hydrogen cost was [3.17 yuan/m³]

In east China, the propane transaction range was [5,610-5,830], and the average hydrogen cost was [3.31 yuan/m³]

In Shandong, the propane transaction range was [5,832-5,842], and the average hydrogen cost was [3.38 yuan/m³]

In south China, the propane transaction range was [5,830-6,090], and the average hydrogen cost was [3.43 yuan/m³]

4. Methanol-to-Hydrogen

In northeast China, the methanol transaction range was [2,700-2,720], and the average hydrogen cost was [2.39 yuan/m³]

In east China, the methanol transaction range was [2,580-2,720], and the average hydrogen cost was [2.36 yuan/m³]

In central China, the methanol transaction range was [2,500-2,750], and the average hydrogen cost was [2.38 yuan/m³]

In north China, the methanol transaction range was [2,380-2,510], and the average hydrogen cost was [2.19 yuan/m³]

In south China, the methanol transaction range was [2,690-2,700], and the average hydrogen cost was [2.38 yuan/m³]

In northwest China, the methanol transaction range was [1,880-2,375], and the average hydrogen cost was [1.97 yuan/m³]

In southwest China, the methanol transaction range was [2,460-2,730], and the average hydrogen cost was [2.36 yuan/m³]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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[SMM Hydrogen Cost Daily Review]202607812 - Shanghai Metals Market (SMM)