SMM Hydrogen Cost Daily Review 20250326

I. Coal-to-Hydrogen

The transaction range of coke in Shandong was 1,190-1,200, with an average hydrogen cost of 1.23 yuan/m³.

The transaction range of coke in Hebei was 1,260-1,310, with an average hydrogen cost of 1.4 yuan/m³.

The transaction range of coke in Shanxi was 1,360-1,580, with an average hydrogen cost of 1.4 yuan/m³.

The transaction range of coke in Henan was 1,380-1,410, with an average hydrogen cost of 1.39 yuan/m³.

II. Natural Gas-to-Hydrogen

The transaction range of natural gas in eastern Guangdong was 4,910-4,910, with an average hydrogen cost of 2.32 yuan/m³.

The transaction range of natural gas in Guangxi was 4,690-4,910, with an average hydrogen cost of 2.25 yuan/m³.

The transaction range of natural gas in Shanxi was 4,370-4,530, with an increase of 1.14%, and an average hydrogen cost of 2.12 yuan/m³.

The transaction range of natural gas in Hebei was 4,455-4,700, with a decrease of 0.24%, and an average hydrogen cost of 2.2 yuan/m³.

The transaction range of natural gas in Shandong was 4,580-4,790, with an average hydrogen cost of 2.26 yuan/m³.

The transaction range of natural gas in the Pearl River Delta was 4,890-4,920, with an average hydrogen cost of 2.11 yuan/m³.

The transaction range of natural gas in Hubei was 4,530-4,980, with an average hydrogen cost of 2.05 yuan/m³.

The transaction range of natural gas in Henan was 4,440-4,560, with an average hydrogen cost of 1.96 yuan/m³.

The transaction range of natural gas in Guizhou was 4,650-4,810, with an average hydrogen cost of 2.04 yuan/m³.

The transaction range of natural gas in Sichuan was 4,620-4,670, with an average hydrogen cost of 2.0 yuan/m³.

The transaction range of natural gas in Zhejiang was 4,610-4,940, with an average hydrogen cost of 2.06 yuan/m³.

The transaction range of natural gas in Inner Mongolia was 4,280-4,610, with an average hydrogen cost of 1.92 yuan/m³.

The transaction range of natural gas in Heilongjiang was 4,640-4,830, with an average hydrogen cost of 2.04 yuan/m³.

III. Propane-to-Hydrogen

The transaction range of propylene oxide in north-east China was 7,770-7,800, with a decrease of 0.76%, and an average hydrogen cost of 4.33 yuan/m³.

The transaction range of propylene oxide in east China was 7,780-7,830, with an average hydrogen cost of 4.34 yuan/m³.

The transaction range of propylene oxide in Shandong was 7,620-7,640, with a decrease of 0.78%, and an average hydrogen cost of 4.28 yuan/m³.

The transaction range of propylene oxide in south China was 8,300-8,390, with an average hydrogen cost of 4.61 yuan/m³.

IV. Methanol-to-Hydrogen

The transaction range of methanol in north-east China was 2,590-2,610, with a decrease of 0.38%, and an average hydrogen cost of 2.32 yuan/m³.

The transaction range of methanol in east China was 2,460-2,680, with a decrease of 2.19%, and an average hydrogen cost of 2.31 yuan/m³.

The transaction range of methanol in central China was 2,470-2,650, with a decrease of 0.58%, and an average hydrogen cost of 2.33 yuan/m³.

The transaction range of methanol in north China was 2,360-2,460, with an increase of 0.21%, and an average hydrogen cost of 2.17 yuan/m³.

The transaction range of methanol in south China was 2,665-2,700, with a decrease of 0.28%, and an average hydrogen cost of 2.37 yuan/m³.

The transaction range of methanol in north-west China was 1,690-2,320, with a decrease of 0.25%, and an average hydrogen cost of 1.51 yuan/m³.

The transaction range of methanol in south-west China was 2,570-2,640, with an increase of 1.96%, and an average hydrogen cost of 1.89 yuan/m³.