[SMM Hydrogen Cost Daily Review] 20250214

Published: Feb 21, 2025 18:59

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].

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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