SMM Hydrogen Cost Daily Review 20250320 - Shanghai Metals Market (SMM)

I. Coal-to-Hydrogen
Shandong coke transaction range [1,190-1,200], average hydrogen cost was [1.24 yuan/m³]
Hebei coke transaction range [1,260-1,310], average hydrogen cost was [1.30 yuan/m³]
Shanxi coke transaction range [1,360-1,580], average hydrogen cost was [1.40 yuan/m³]
Henan coke transaction range [1,380-1,410], average hydrogen cost was [1.39 yuan/m³]

II. Natural Gas-to-Hydrogen
Guangdong Eastern natural gas transaction range [4,910-4,910], average hydrogen cost was [2.31 yuan/m³]
Guangxi natural gas transaction range [4,690-4,910], average hydrogen cost was [2.25 yuan/m³]
Shanxi natural gas transaction range [4,220-4,580], increased by 0.8%, average hydrogen cost was [2.10 yuan/m³]
Hebei natural gas transaction range [4,382-4,640], increased by 0.84%, average hydrogen cost was [2.17 yuan/m³]
Shandong natural gas transaction range [4,570-4,770], increased by 0.21%, average hydrogen cost was [2.26 yuan/m³]
Pearl River Delta natural gas transaction range [4,890-4,920], average hydrogen cost was [2.34 yuan/m³]
Hubei natural gas transaction range [4,480-4,960], average hydrogen cost was [2.26 yuan/m³]
Henan natural gas transaction range [4,590-4,840], increased by 0.21%, average hydrogen cost was [2.34 yuan/m³]
Guizhou natural gas transaction range [4,480-4,660], decreased by 0.22%, average hydrogen cost was [2.19 yuan/m³]
Sichuan natural gas transaction range [4,450-4,570], increased by 0.45%, average hydrogen cost was [2.30 yuan/m³]
Zhejiang natural gas transaction range [4,740-5,000], average hydrogen cost was [2.30 yuan/m³]
Inner Mongolia natural gas transaction range [4,220-4,600], increased by 1.5%, average hydrogen cost was [2.07 yuan/m³]
Heilongjiang natural gas transaction range [4,690-4,890], increased by 2.02%, average hydrogen cost was [2.06 yuan/m³]

III. Propane-to-Hydrogen
North-east China propylene oxide transaction range [7,820-7,870], average hydrogen cost was [4.36 yuan/m³]
East China propylene oxide transaction range [7,840-7,860], increased by 0.96%, average hydrogen cost was [2.37 yuan/m³]
Shandong propylene oxide transaction range [7,660-7,720], average hydrogen cost was [4.30 yuan/m³]
South China propylene oxide transaction range [8,300-8,390], average hydrogen cost was [4.61 yuan/m³]

IV. Methanol-to-Hydrogen
North-east China methanol transaction range [2,580-2,590], decreased by 1.34%, average hydrogen cost was [2.31 yuan/m³]
East China methanol transaction range [2,510-2,670], decreased by 0.96%, average hydrogen cost was [2.32 yuan/m³]
Central China methanol transaction range [2,440-2,620], decreased by 0.2%, average hydrogen cost was [2.31 yuan/m³]
North China methanol transaction range [2,350-2,490], decreased by 0.21%, average hydrogen cost was [2.17 yuan/m³]
South China methanol transaction range [2,670-2,680], increased by 0.56%, average hydrogen cost was [2.37 yuan/m³]
North-west China methanol transaction range [1,700-2,310], decreased by 0.5%, average hydrogen cost was [1.82 yuan/m³]
South-west China methanol transaction range [2,410-2,710], decreased by 0.19%, average hydrogen cost was [2.29 yuan/m³]