【SMM Daily Review of Hydrogen Energy Cost】April 29, 2025

Published: Apr 29, 2025 17:52

I. Hydrogen Production from Coal

In Shandong, the coke transaction range was [1,230-1,230 yuan], with an average hydrogen cost of [1.23 yuan/m³].

In Hebei, the coke transaction range was [1,290-1,380 yuan], with an average hydrogen cost of [1.33 yuan/m³].

In Shanxi, the coke transaction range was [1,420-1,610 yuan], with an average hydrogen cost of [1.44 yuan/m³].

In Henan, the coke transaction range was [1,460-1,470 yuan], with an average hydrogen cost of [1.45 yuan/m³].

 

II. Hydrogen Production from Natural Gas

In eastern Guangdong, the natural gas transaction range was [4,910-4,910 yuan], with an average hydrogen cost of [2.32 yuan/m³].

In Guangxi, the natural gas transaction range was [4,850-5,000 yuan], with an average hydrogen cost of [2.31 yuan/m³].

In Shanxi, the natural gas transaction range was [4,300-4,480 yuan], with an average hydrogen cost of [2.10 yuan/m³].

In Hebei, the natural gas transaction range was [4,419-4,695 yuan], with an average hydrogen cost of [2.19 yuan/m³].

In Shandong, the natural gas transaction range was [4,520-4,660 yuan], with an average hydrogen cost of [2.22 yuan/m³].

In the Pearl River Delta, the natural gas transaction range was [4,890-4,920 yuan], with an average hydrogen cost of [2.11 yuan/m³].

In Hubei, the natural gas transaction range was [4,680-5,020 yuan], with a decrease of 0.41% and an average hydrogen cost of [2.09 yuan/m³].

In Henan, the natural gas transaction range was [4,450-4,590 yuan], with an average hydrogen cost of [1.95 yuan/m³].

In Guizhou, the natural gas transaction range was [4,690-4,990 yuan], with a decrease of 1.53% and an average hydrogen cost of [2.08 yuan/m³].

In Sichuan, the natural gas transaction range was [4,630-4,790 yuan], with a decrease of 1.26% and an average hydrogen cost of [2.03 yuan/m³].

In Zhejiang, the natural gas transaction range was [4,430-4,750 yuan], with an average hydrogen cost of [1.98 yuan/m³].

In Inner Mongolia, the natural gas transaction range was [4,410-4,760 yuan], with an average hydrogen cost of [1.98 yuan/m³].

In Heilongjiang, the natural gas transaction range was [4,670-4,870 yuan], with an average hydrogen cost of [2.06 yuan/m³].

 

III. Hydrogen Production from Propane

In north-east China, the propylene oxide transaction range was [7,230-7,360 yuan], with an increase of 1.53% and an average hydrogen cost of [4.09 yuan/m³].

In east China, the propylene oxide transaction range was [7,240-7,300 yuan], with an increase of 0.48% and an average hydrogen cost of [4.08 yuan/m³].

In Shandong, the propylene oxide transaction range was [7,070-7,070 yuan], with an increase of 1.51% and an average hydrogen cost of [4.00 yuan/m³].

In south China, the propylene oxide transaction range was [7,600-7,690 yuan], with an average hydrogen cost of [4.26 yuan/m³].

 

IV. Hydrogen Production from Methanol

In north-east China, the methanol transaction range was [2,510-2,530 yuan], with an increase of 0.4% and an average hydrogen cost of [2.27 yuan/m³].

In east China, the methanol transaction range was [2,420-2,590 yuan], with a decrease of 0.6% and an average hydrogen cost of [2.27 yuan/m³].

In central China, the methanol transaction range was [2,380-2,610 yuan], with an increase of 0.4% and an average hydrogen cost of [2.29 yuan/m³].

In north China, the methanol transaction range was [2,260-2,460 yuan], with an increase of 0.21% and an average hydrogen cost of [2.14 yuan/m³].

In south China, the methanol transaction range was [2,460-2,470 yuan], with a decrease of 0.6% and an average hydrogen cost of [2.23 yuan/m³].

In north-west China, the methanol transaction range was [1,850-2,270 yuan], with an increase of 1.48% and an average hydrogen cost of [1.54 yuan/m³].

In south-west China, the methanol transaction range was [2,330-2,560 yuan], with an increase of 0.41% and an average hydrogen cost of [1.79 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.

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