[SMM Hydrogen Cost Daily Review] 20250226

Published: Mar 3, 2025 16:12

I. Coal-Based Hydrogen Production

Coke transaction range in Shandong [1,240-1,270], average hydrogen cost [1.25 yuan/m³]

Coke transaction range in Hebei [1,280-1,350], average hydrogen cost [1.29 yuan/m³]

Coke transaction range in Shanxi [1,390-1,620], average hydrogen cost [1.39 yuan/m³]

Coke transaction range in Henan [1,430-1,470], average hydrogen cost [1.39 yuan/m³]

 

II. Natural Gas-Based Hydrogen Production

Natural gas transaction range in Guangdong (eastern region) [5,090-5,120], average hydrogen cost [2.4 yuan/m³]

Natural gas transaction range in Guangxi [4,900-5,120], average hydrogen cost [2.33 yuan/m³]

Natural gas transaction range in Shanxi [4,410-4,650], increase of 1.68%, average hydrogen cost [2.15 yuan/m³]

Natural gas transaction range in Hebei [4,511-4,795], increase of 1.03%, average hydrogen cost [2.23 yuan/m³]

Natural gas transaction range in Shandong [4,700-4,870], increase of 0.1%, average hydrogen cost [2.3 yuan/m³]

Natural gas transaction range in the Pearl River Delta [5,090-5,090], average hydrogen cost [2.42 yuan/m³]

Natural gas transaction range in Hubei [4,580-5,010], average hydrogen cost [2.28 yuan/m³]

Natural gas transaction range in Henan [4,630-4,860], increase of 2.26%, average hydrogen cost [2.28 yuan/m³]

Natural gas transaction range in Guizhou [4,580-4,800], increase of 0.97%, average hydrogen cost [2.24 yuan/m³]

Natural gas transaction range in Sichuan [4,460-4,650], average hydrogen cost [2.2 yuan/m³]

Natural gas transaction range in Zhejiang [4,660-4,800], average hydrogen cost [2.25 yuan/m³]

Natural gas transaction range in Inner Mongolia [4,320-4,610], average hydrogen cost [2.09 yuan/m³]

Natural gas transaction range in Heilongjiang [5,320-5,700], average hydrogen cost [2.57 yuan/m³]

 

III. Propane-Based Hydrogen Production

Epoxy propane transaction range in north-east China [7,870-7,890], decrease of 1.19%, average hydrogen cost [4.37 yuan/m³]

Epoxy propane transaction range in east China [7,830-7,830], decrease of 0.89%, average hydrogen cost [4.35 yuan/m³]

Epoxy propane transaction range in Shandong [7,800-7,860], average hydrogen cost [4.35 yuan/m³]

Epoxy propane transaction range in south China [8,320-8,420], decrease of 2.16%, average hydrogen cost [4.65 yuan/m³]

 

IV. Methanol-Based Hydrogen Production

Methanol transaction range in north-east China [2,520-2,540], average hydrogen cost [2.27 yuan/m³]

Methanol transaction range in east China [2,435-2,580], decrease of 1.08%, average hydrogen cost [2.25 yuan/m³]

Methanol transaction range in central China [2,340-2,560], decrease of 0.41%, average hydrogen cost [2.2 yuan/m³]

Methanol transaction range in north China [2,260-2,440], increase of 1.51%, average hydrogen cost [2.17 yuan/m³]

Methanol transaction range in south China [2,640-2,640], decrease of 0.94%, average hydrogen cost [2.4 yuan/m³]

Methanol transaction range in north-west China [1,790-2,210], increase of 0.25%, average hydrogen cost [1.84 yuan/m³]

Methanol transaction range in south-west China [2,360-2,730], decrease of 0.2%, average hydrogen cost [2.32 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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