SMM Hydrogen Cost Daily Review 20250416

I. Coal-to-Hydrogen

The transaction range of coke in Shandong was 1,190-1,200, with an average hydrogen cost of 1.22 yuan/m³.

The transaction range of coke in Hebei was 1,260-1,310, with an average hydrogen cost of 1.28 yuan/m³.

The transaction range of coke in Shanxi was 1,360-1,580, with an average hydrogen cost of 1.41 yuan/m³.

The transaction range of coke in Henan was 1,380-1,410, with an average hydrogen cost of 1.36 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 4,700-4,910, with an average hydrogen cost of 2.26 yuan/m³.

The transaction range of natural gas in Shanxi was 4,300-4,530, a decrease of 1.34%, with an average hydrogen cost of 2.11 yuan/m³.

The transaction range of natural gas in Hebei was 4,478-4,770, an increase of 0.27%, with an average hydrogen cost of 2.22 yuan/m³.

The transaction range of natural gas in Shandong was 4,620-4,790, an increase of 0.21%, with an average hydrogen cost of 2.27 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 4,690-5,030, an increase of 2.42%, with an average hydrogen cost of 2.09 yuan/m³.

The transaction range of natural gas in Henan was 4,570-4,720, with an average hydrogen cost of 2.00 yuan/m³.

The transaction range of natural gas in Guizhou was 4,640-4,910, an increase of 0.53%, with an average hydrogen cost of 2.06 yuan/m³.

The transaction range of natural gas in Sichuan was 4,660-4,830, an increase of 0.96%, with an average hydrogen cost of 2.05 yuan/m³.

The transaction range of natural gas in Zhejiang was 4,530-4,850, with an average hydrogen cost of 2.02 yuan/m³.

The transaction range of natural gas in Inner Mongolia was 4,410-4,760, with an average hydrogen cost of 1.98 yuan/m³.

The transaction range of natural gas in Heilongjiang was 4,670-4,870, with an average hydrogen cost of 2.06 yuan/m³.

III. Propane-to-Hydrogen

The transaction range of propylene oxide in north-east China was 7,540-7,610, a decrease of 0.66%, with an average hydrogen cost of 4.23 yuan/m³.

The transaction range of propylene oxide in east China was 7,550-7,560, a decrease of 0.26%, with an average hydrogen cost of 4.22 yuan/m³.

The transaction range of propylene oxide in Shandong was 7,250-7,280, a decrease of 1.69%, with an average hydrogen cost of 4.10 yuan/m³.

The transaction range of propylene oxide in south China was 8,100-8,120, a decrease of 1.76%, with an average hydrogen cost of 4.50 yuan/m³.

IV. Methanol-to-Hydrogen

The transaction range of methanol in north-east China was 2,520-2,560, an increase of 0.59%, with an average hydrogen cost of 2.28 yuan/m³.

The transaction range of methanol in east China was 2,485-2,610, an increase of 0.89%, with an average hydrogen cost of 2.30 yuan/m³.

The transaction range of methanol in central China was 2,430-2,630, an increase of 1.4%, with an average hydrogen cost of 2.32 yuan/m³.

The transaction range of methanol in north China was 2,485-2,505, an increase of 8.01%, with an average hydrogen cost of 2.22 yuan/m³.

The transaction range of methanol in south China was 2,490-2,490, an increase of 0.4%, with an average hydrogen cost of 2.25 yuan/m³.

The transaction range of methanol in north-west China was 1,720-2,280, an increase of 0.25%, with an average hydrogen cost of 1.50 yuan/m³.

The transaction range of methanol in south-west China was 2,285-2,620, a decrease of 0.51%, with an average hydrogen cost of 1.79 yuan/m³.