SMM Hydrogen Cost Daily Review 20250422

I. Coal-to-Hydrogen

The transaction range of coke in Shandong was 1,230-1,230, with an average hydrogen cost of 1.24 yuan/m³

The transaction range of coke in Hebei was 1,290-1,380, with an average hydrogen cost of 1.32 yuan/m³

The transaction range of coke in Shanxi was 1,420-1,610, with an average hydrogen cost of 1.45 yuan/m³

The transaction range of coke in Henan was 1,460-1,470, with an average hydrogen cost of 1.43 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 4,850-5,000, with an average hydrogen cost of 2.31 yuan/m³

The transaction range of natural gas in Shanxi was 4,350-4,430, a decrease of 0.9%, with an average hydrogen cost of 2.10 yuan/m³

The transaction range of natural gas in Hebei was 4,439-4,750, an increase of 0.55%, with an average hydrogen cost of 2.20 yuan/m³

The transaction range of natural gas in Shandong was 4,620-4,790, 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 4,900-5,080, an increase of 2.67%, with an average hydrogen cost of 2.15 yuan/m³

The transaction range of natural gas in Henan was 4,460-4,610, with an average hydrogen cost of 1.96 yuan/m³

The transaction range of natural gas in Guizhou was 4,900-5,100, an increase of 3.41%, with an average hydrogen cost of 2.15 yuan/m³

The transaction range of natural gas in Sichuan was 4,870-4,980, an increase of 3.03%, with an average hydrogen cost of 2.12 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 7,370-7,400, a decrease of 2.38%, with an average hydrogen cost of 4.14 yuan/m³

The transaction range of propylene oxide in east China was 7,240-7,290, a decrease of 0.62%, with an average hydrogen cost of 4.08 yuan/m³

The transaction range of propylene oxide in Shandong was 7,060-7,080, a decrease of 2.48%, with an average hydrogen cost of 4.00 yuan/m³

The transaction range of propylene oxide in south China was 7,780-7,820, with an average hydrogen cost of 4.34 yuan/m³

IV. Methanol-to-Hydrogen

The transaction range of methanol in north-east China was 2,590-2,590, a decrease of 0.77%, with an average hydrogen cost of 2.32 yuan/m³

The transaction range of methanol in east China was 2,430-2,600, a decrease of 0.1%, with an average hydrogen cost of 2.28 yuan/m³

The transaction range of methanol in central China was 2,410-2,590, a decrease of 0.79%, with an average hydrogen cost of 2.30 yuan/m³

The transaction range of methanol in north China was 2,320-2,480, a decrease of 1.03%, with an average hydrogen cost of 2.16 yuan/m³

The transaction range of methanol in south China was 2,460-2,480, with an average hydrogen cost of 2.24 yuan/m³

The transaction range of methanol in north-west China was 1,770-2,310, an increase of 1.24%, with an average hydrogen cost of 1.53 yuan/m³

The transaction range of methanol in south-west China was 2,330-2,620, with an average hydrogen cost of 1.81 yuan/m³