SMM Hydrogen Cost Daily Review 20250422

Published: Apr 25, 2025 10:32

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

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
SMM Hydrogen Cost Daily Review 20250422 - Shanghai Metals Market (SMM)