【SMM Daily Review of Hydrogen Energy Cost】April 28, 2025

Published: Apr 28, 2025 17:17

I. Hydrogen Production from Coal

In Shandong, the transaction range of coke was [1230-1230], with an average hydrogen cost of [1.24 yuan/m³].

In Hebei, the transaction range of coke was [1290-1380], with an average hydrogen cost of [1.32 yuan/m³].

In Shanxi, the transaction range of coke was [1420-1610], with an average hydrogen cost of [1.45 yuan/m³].

In Henan, the transaction range of coke was [1460-1470], with an average hydrogen cost of [1.45 yuan/m³].

 

II. Hydrogen Production from Natural Gas

In eastern Guangdong, the transaction range of natural gas was [4910-4910], with an average hydrogen cost of [2.32 yuan/m³].

In Guangxi, the transaction range of natural gas was [4850-5000], with an average hydrogen cost of [2.31 yuan/m³].

In Shanxi, the transaction range of natural gas was [4300-4480], with a 0.23% increase, and an average hydrogen cost of [2.10 yuan/m³].

In Hebei, the transaction range of natural gas was [4419-4695], with a 0.68% decrease, and an average hydrogen cost of [2.19 yuan/m³].

In Shandong, the transaction range of natural gas was [4520-4660], with an average hydrogen cost of [2.22 yuan/m³].

In the Pearl River Delta, the transaction range of natural gas was [4890-4920], with an average hydrogen cost of [2.11 yuan/m³].

In Hubei, the transaction range of natural gas was [4750-4990], with an average hydrogen cost of [2.10 yuan/m³].

In Henan, the transaction range of natural gas was [4450-4590], with an average hydrogen cost of [1.95 yuan/m³].

In Guizhou, the transaction range of natural gas was [4820-5010], with a 1.13% increase, and an average hydrogen cost of [2.11 yuan/m³].

In Sichuan, the transaction range of natural gas was [4690-4850], with a 0.74% increase, and an average hydrogen cost of [2.06 yuan/m³].

In Zhejiang, the transaction range of natural gas was [4430-4750], with an average hydrogen cost of [1.98 yuan/m³].

In Inner Mongolia, the transaction range of natural gas was [4410-4760], with an average hydrogen cost of [1.98 yuan/m³].

In Heilongjiang, the transaction range of natural gas was [4670-4870], with an average hydrogen cost of [2.06 yuan/m³].

 

III. Hydrogen Production from Propane

In north-east China, the transaction range of propylene oxide was [7140-7230], with a 1.1% decrease, and an average hydrogen cost of [4.04 yuan/m³].

In east China, the transaction range of propylene oxide was [7230-7240], with a 0.56% increase, and an average hydrogen cost of [4.06 yuan/m³].

In Shandong, the transaction range of propylene oxide was [6960-6970], with a 0.65% increase, and an average hydrogen cost of [3.95 yuan/m³].

In south China, the transaction range of propylene oxide was [7600-7690], with an average hydrogen cost of [4.26 yuan/m³].

 

IV. Hydrogen Production from Methanol

In north-east China, the transaction range of methanol was [2510-2510], with a 0.79% decrease, and an average hydrogen cost of [2.26 yuan/m³].

In east China, the transaction range of methanol was [2440-2600], with a 0.2% increase, and an average hydrogen cost of [2.28 yuan/m³].

In central China, the transaction range of methanol was [2400-2570], with an average hydrogen cost of [2.29 yuan/m³].

In north China, the transaction range of methanol was [2260-2450], with a 1.46% decrease, and an average hydrogen cost of [2.13 yuan/m³].

In south China, the transaction range of methanol was [2460-2500], with a 0.81% increase, and an average hydrogen cost of [2.24 yuan/m³].

In north-west China, the transaction range of methanol was [1850-2210], with a 1.93% decrease, and an average hydrogen cost of [1.52 yuan/m³].

In south-west China, the transaction range of methanol was [2310-2560], with an average hydrogen cost of [1.78 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