SMM Hydrogen Cost Daily Review 20250401

I. Coal-to-Hydrogen

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

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

The transaction range of coke in Shanxi was 1,360-1,580 yuan, with an average hydrogen cost of 1.43 yuan/m³.

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

II. Natural Gas-to-Hydrogen

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

The transaction range of natural gas in Guangxi was 4,800-5,100 yuan, an increase of 1.02%, with an average hydrogen cost of 2.32 yuan/m³.

The transaction range of natural gas in Shanxi was 4,360-4,640 yuan, with an average hydrogen cost of 2.14 yuan/m³.

The transaction range of natural gas in Hebei was 4,431-4,750 yuan, an increase of 0.05%, with an average hydrogen cost of 2.2 yuan/m³.

The transaction range of natural gas in Shandong was 4,620-4,800 yuan, an increase of 0.32%, with an average hydrogen cost of 2.29 yuan/m³.

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

The transaction range of natural gas in Hubei was 4,530-4,980 yuan, with an average hydrogen cost of 2.1 yuan/m³.

The transaction range of natural gas in Henan was 4,530-4,760 yuan, with an average hydrogen cost of 2.0 yuan/m³.

The transaction range of natural gas in Guizhou was 4,670-4,820 yuan, an increase of 0.32%, with an average hydrogen cost of 2.07 yuan/m³.

The transaction range of natural gas in Sichuan was 4,590-4,740 yuan, an increase of 0.43%, with an average hydrogen cost of 2.06 yuan/m³.

The transaction range of natural gas in Zhejiang was 4,600-4,920 yuan, with an average hydrogen cost of 2.05 yuan/m³.

The transaction range of natural gas in Inner Mongolia was 4,390-4,700 yuan, with an average hydrogen cost of 1.96 yuan/m³.

The transaction range of natural gas in Heilongjiang was 4,600-4,780 yuan, with an average hydrogen cost of 2.05 yuan/m³.

III. Propane-to-Hydrogen

The transaction range of propylene oxide in North-east China was 7,770-7,800 yuan, with an average hydrogen cost of 4.36 yuan/m³.

The transaction range of propylene oxide in East China was 7,800-7,820 yuan, an increase of 0.06%, with an average hydrogen cost of 4.35 yuan/m³.

The transaction range of propylene oxide in Shandong was 7,640-7,670 yuan, an increase of 0.13%, with an average hydrogen cost of 4.29 yuan/m³.

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

IV. Methanol-to-Hydrogen

The transaction range of methanol in North-east China was 2,540-2,580 yuan, a decrease of 0.58%, with an average hydrogen cost of 2.3 yuan/m³.

The transaction range of methanol in East China was 2,450-2,650 yuan, a decrease of 0.2%, with an average hydrogen cost of 2.3 yuan/m³.

The transaction range of methanol in Central China was 2,430-2,650 yuan, a decrease of 0.39%, with an average hydrogen cost of 2.32 yuan/m³.

The transaction range of methanol in North China was 2,360-2,440 yuan, a decrease of 0.41%, with an average hydrogen cost of 2.11 yuan/m³.

The transaction range of methanol in South China was 2,620-2,630 yuan, an increase of 0.19%, with an average hydrogen cost of 2.34 yuan/m³.

The transaction range of methanol in North-west China was 1,700-2,330 yuan, an increase of 0.75%, with an average hydrogen cost of 1.52 yuan/m³.

The transaction range of methanol in South-west China was 2,425-2,740 yuan, with an average hydrogen cost of 1.84 yuan/m³.