[SMM Hydrogen Cost Daily Review] 20250214

I. Coal-Based Hydrogen Production

Today, the coke transaction range in Shandong was [1,240-1,270], with a decrease of 5.28%. The average hydrogen cost was [1.26 yuan/m³].

The coke transaction range in Hebei was [1,280-1,350], with a decrease of 4.71%. The average hydrogen cost was [1.27 yuan/m³].

The coke transaction range in Shanxi was [1,390-1,620], with a decrease of 3.53%. The average hydrogen cost was [1.97 yuan/m³].

The coke transaction range in Henan was [1,430-1,470], with a decrease of 3.65%. The average hydrogen cost was [1.37 yuan/m³].

II. Natural Gas-Based Hydrogen Production

The natural gas transaction range in eastern Guangdong was [4,640-4,670]. The average hydrogen cost was [2.22 yuan/m³].

The natural gas transaction range in Guangxi was [4,620-4,780]. The average hydrogen cost was [2.21 yuan/m³].

The natural gas transaction range in Shanxi was [4,060-4,320], with a decrease of 0.83%. The average hydrogen cost was [2.01 yuan/m³].

The natural gas transaction range in Hebei was [4,266-4,540], with a decrease of 0.28%. The average hydrogen cost was [2.12 yuan/m³].

The natural gas transaction range in Shandong was [4,400-4,620]. The average hydrogen cost was [2.19 yuan/m³].

The natural gas transaction range in the Pearl River Delta was [4,630-4,660]. The average hydrogen cost was [2.25 yuan/m³].

The natural gas transaction range in Hubei was [4,430-4,830], with an increase of 1.87%. The average hydrogen cost was [2.21 yuan/m³].

The natural gas transaction range in Henan was [4,270-4,430]. The average hydrogen cost was [2.12 yuan/m³].

The natural gas transaction range in Guizhou was [4,190-4,490], with an increase of 0.7%. The average hydrogen cost was [2.09 yuan/m³].

The natural gas transaction range in Sichuan was [4,110-4,310]. The average hydrogen cost was [2.11 yuan/m³].

The natural gas transaction range in Zhejiang was [4,420-4,670]. The average hydrogen cost was [2.17 yuan/m³].

The natural gas transaction range in Inner Mongolia was [4,200-4,490]. The average hydrogen cost was [2.13 yuan/m³].

The natural gas transaction range in Heilongjiang was [4,920-5,320]. The average hydrogen cost was [2.41 yuan/m³].

III. Propane-Based Hydrogen Production

The epoxy propane transaction range in north-east China was [7,620-7,640], with an increase of 1.67%. The average hydrogen cost was [4.25 yuan/m³].

The epoxy propane transaction range in east China was [7,860-7,960], with an increase of 1.22%. The average hydrogen cost was [4.39 yuan/m³].

The epoxy propane transaction range in Shandong was [7,520-7,600], with an increase of 2.23%. The average hydrogen cost was [4.21 yuan/m³].

The epoxy propane transaction range in south China was [8,500-8,610], with an increase of 1.97%. The average hydrogen cost was [4.74 yuan/m³].

IV. Methanol-Based Hydrogen Production

The methanol transaction range in north-east China was [2,440-2,520]. The average hydrogen cost was [2.23 yuan/m³].

The methanol transaction range in east China was [2,420-2,620], with an increase of 0.2%. The average hydrogen cost was [2.55 yuan/m³].

The methanol transaction range in central China was [2,310-2,510], with an increase of 0.21%. The average hydrogen cost was [2.2 yuan/m³].

The methanol transaction range in north China was [2,310-2,360], with an increase of 1.52%. The average hydrogen cost was [2.16 yuan/m³].

The methanol transaction range in south China was [2,640-2,710], with a decrease of 0.56%. The average hydrogen cost was [2.42 yuan/m³].

The methanol transaction range in north-west China was [1,770-2,210], with a decrease of 0.5%. The average hydrogen cost was [1.83 yuan/m³].

The methanol transaction range in south-west China was [2,420-2,770], with a decrease of 0.38%. The average hydrogen cost was [2.35 yuan/m³].