SMM Hydrogen Cost Daily Review 20250401

Published: Apr 2, 2025 16:02

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.

 

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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