[SMM Hydrogen Cost Daily Review] 20250225

I. Coal-Based Hydrogen Production

The transaction range of coke in Shandong was [1,240-1,270], with an average hydrogen production cost of [1.25 yuan/m³].

The transaction range of coke in Hebei was [1,280-1,350], with an average hydrogen production cost of [1.29 yuan/m³].

The transaction range of coke in Shanxi was [1,390-1,620], with an average hydrogen production cost of [1.43 yuan/m³].

The transaction range of coke in Henan was [1,430-1,470], with an average hydrogen production cost of [1.4 yuan/m³].

II. Natural Gas-Based Hydrogen Production

The transaction range of natural gas in eastern Guangdong was [5,090-5,120], with an increase of 4.08%, and the average hydrogen production cost was [2.4 yuan/m³].

The transaction range of natural gas in Guangxi was [4,900-5,120], with an average hydrogen production cost of [2.33 yuan/m³].

The transaction range of natural gas in Shanxi was [4,330-4,580], with a decrease of 0.22%, and the average hydrogen production cost was [2.12 yuan/m³].

The transaction range of natural gas in Hebei was [4,411-4,800], with an increase of 0.88%, and the average hydrogen production cost was [2.61 yuan/m³].

The transaction range of natural gas in Shandong was [4,690-4,870], with an average hydrogen production cost of [2.3 yuan/m³].

The transaction range of natural gas in the Pearl River Delta was [5,090-5,090], with an increase of 3.77%, and the average hydrogen production cost was [2.43 yuan/m³].

The transaction range of natural gas in Hubei was [4,580-5,010], with an average hydrogen production cost of [2.29 yuan/m³].

The transaction range of natural gas in Henan was [4,550-4,730], with an average hydrogen production cost of [2.24 yuan/m³].

The transaction range of natural gas in Guizhou was [4,560-4,730], with a decrease of 0.64%, and the average hydrogen production cost was [2.22 yuan/m³].

The transaction range of natural gas in Sichuan was [4,460-4,650], with an average hydrogen production cost of [2.2 yuan/m³].

The transaction range of natural gas in Zhejiang was [4,660-4,800], with an increase of 0.42%, and the average hydrogen production cost was [2.25 yuan/m³].

The transaction range of natural gas in Inner Mongolia was [4,320-4,610], with an average hydrogen production cost of [2.1 yuan/m³].

The transaction range of natural gas in Heilongjiang was [5,320-5,700], with an average hydrogen production cost of [2.57 yuan/m³].

III. Propane-Based Hydrogen Production

The transaction range of propylene oxide in north-east China was [7,960-7,990], with an average hydrogen production cost of [4.42 yuan/m³].

The transaction range of propylene oxide in east China was [7,870-7,930], with a decrease of 0.38%, and the average hydrogen production cost was [4.38 yuan/m³].

The transaction range of propylene oxide in Shandong was [7,800-7,860], with an average hydrogen production cost of [4.35 yuan/m³].

The transaction range of propylene oxide in south China was [8,500-8,610], with an average hydrogen production cost of [4.74 yuan/m³].

IV. Methanol-Based Hydrogen Production

The transaction range of methanol in north-east China was [2,520-2,540], with an increase of 2.02%, and the average hydrogen production cost was [2.27 yuan/m³].

The transaction range of methanol in east China was [2,450-2,620], with an increase of 0.4%, and the average hydrogen production cost was [2.26 yuan/m³].

The transaction range of methanol in central China was [2,340-2,580], with an increase of 2.93%, and the average hydrogen production cost was [2.23 yuan/m³].

The transaction range of methanol in north China was [2,200-2,430], with an increase of 1.76%, and the average hydrogen production cost was [2.15 yuan/m³].

The transaction range of methanol in south China was [2,650-2,680], with a decrease of 0.74%, and the average hydrogen production cost was [2.41 yuan/m³].

The transaction range of methanol in north-west China was [1,790-2,200], with an increase of 3.64%, and the average hydrogen production cost was [1.83 yuan/m³].

The transaction range of methanol in south-west China was [2,370-2,730], with an increase of 0.2%, and the average hydrogen production cost was [2.32 yuan/m³].