SMM Hydrogen Cost Daily Review 20250328

I. Coal-to-Hydrogen

The transaction range of coke in Shandong was 1,190-1,200, with an average hydrogen cost of 1.26 yuan/m³.

The transaction range of coke in Hebei was 1,260-1,310, with an average hydrogen cost of 1.3 yuan/m³.

The transaction range of coke in Shanxi was 1,360-1,580, with an average hydrogen cost of 2.0 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 4,760-4,990, an increase of 1.56%, with an average hydrogen cost of 2.28 yuan/m³.

The transaction range of natural gas in Shanxi was 4,330-4,620, with an average hydrogen cost of 2.13 yuan/m³.

The transaction range of natural gas in Hebei was 4,455-4,705, a decrease of 0.22%, with an average hydrogen cost of 2.2 yuan/m³.

The transaction range of natural gas in Shandong was 4,520-4,690, with an average hydrogen cost of 2.23 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 4,500-4,680, with an average hydrogen cost of 1.98 yuan/m³.

The transaction range of natural gas in Guizhou was 4,670-4,800, 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 4,600-4,920, a decrease of 0.31%, with an average hydrogen cost of 2.05 yuan/m³.

The transaction range of natural gas in Inner Mongolia was 4,280-4,610, with an average hydrogen cost of 1.9 yuan/m³.

The transaction range of natural gas in Heilongjiang was 4,600-4,780, with an average hydrogen cost of 2.02 yuan/m³.

III. Propane-to-Hydrogen

The transaction range of propylene oxide in north-east China was 7,770-7,800, with 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 7,640-7,660, an increase of 0.26%, with an average hydrogen cost of 4.29 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 2,570-2,580, an increase of 0.39%, with an average hydrogen cost of 2.3 yuan/m³.

The transaction range of methanol in east China was 2,465-2,680, a decrease of 1.34%, with an average hydrogen cost of 2.31 yuan/m³.

The transaction range of methanol in central China was 2,480-2,670, with an average hydrogen cost of 2.34 yuan/m³.

The transaction range of methanol in north China was 2,350-2,460, a decrease of 1.435, with an average hydrogen cost of 2.17 yuan/m³.

The transaction range of methanol in south China was 2,670-2,680, a decrease of 0.56%, with an average hydrogen cost of 2.37 yuan/m³.

The transaction range of methanol in north-west China was 1,700-2,320, a decrease of 0.25%, with an average hydrogen cost of 1.51 yuan/m³.

The transaction range of methanol in south-west China was 2,415-2,720, with an average hydrogen cost of 1.87 yuan/m³.