SMM Hydrogen Cost Daily Review 20250424

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 1.44 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 4,290-4,470, with an average hydrogen cost of 2.09 yuan/m³.

The transaction range of natural gas in Hebei was 4,400-4,725, a decrease of 1.02%, with an average hydrogen cost of 2.19 yuan/m³.

The transaction range of natural gas in Shandong was 4,520-4,660, a decrease of 0.97%, with an average hydrogen cost of 2.22 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 4,770-4,970, a decrease of 0.31%, with an average hydrogen cost of 2.10 yuan/m³.

The transaction range of natural gas in Henan was 4,450-4,590, with an average hydrogen cost of 1.95 yuan/m³.

The transaction range of natural gas in Guizhou was 4,830-4,900, a decrease of 1.62%, with an average hydrogen cost of 2.09 yuan/m³.

The transaction range of natural gas in Sichuan was 4,700-4,880, a decrease of 1.34%, with an average hydrogen cost of 2.06 yuan/m³.

The transaction range of natural gas in Zhejiang was 4,430-4,750, with an average hydrogen cost of 1.98 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 7,250-7,300, a decrease of 0.68%, with an average hydrogen cost of 4.08 yuan/m³.

The transaction range of propylene oxide in east China was 7,130-7,160, a decrease of 1.18%, with an average hydrogen cost of 4.02 yuan/m³.

The transaction range of propylene oxide in Shandong was 6,900-6,940, a decrease of 1.91%, with an average hydrogen cost of 3.92 yuan/m³.

The transaction range of propylene oxide in south China was 7,600-7,690, a decrease of 1.16%, with an average hydrogen cost of 4.26 yuan/m³.

IV. Methanol-to-Hydrogen

The transaction range of methanol in north-east China was 2,510-2,520, a decrease of 4.01%, with an average hydrogen cost of 2.27 yuan/m³.

The transaction range of methanol in east China was 2,420-2,620, a decrease of 0.2%, with an average hydrogen cost of 2.28 yuan/m³.

The transaction range of methanol in central China was 2,390-2,590, an increase of 0.4%, with an average hydrogen cost of 2.29 yuan/m³.

The transaction range of methanol in north China was 2,340-2,450, with an average hydrogen cost of 2.16 yuan/m³.

The transaction range of methanol in south China was 2,470-2,480, an increase of 0.61%, with an average hydrogen cost of 2.24 yuan/m³.

The transaction range of methanol in north-west China was 1,830-2,290, a decrease of 0.48%, with an average hydrogen cost of 1.54 yuan/m³.

The transaction range of methanol in south-west China was 2,310-2,550, a decrease of 0.21%, with an average hydrogen cost of 1.78 yuan/m³.