【SMM Daily Review of Hydrogen Energy Cost】20250506

Published: May 6, 2025 17:38

I. Hydrogen Production from Coke

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

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

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

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

 

II. Hydrogen Production from Natural Gas

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

In Guangxi, the transaction range of natural gas was [4,890-5,020] yuan, with a 3.01% increase, and an average hydrogen production cost of [2.32] yuan/m³.

In Shanxi, the transaction range of natural gas was [4,300-4,530] yuan, with a 0.57% increase, and an average hydrogen production cost of [2.11] yuan/m³.

In Hebei, the transaction range of natural gas was [4,436-4,690] yuan, with an average hydrogen production cost of [2.19] yuan/m³.

In Shandong, the transaction range of natural gas was [4,510-4,700] yuan, with a 0.43% decrease, and an average hydrogen production cost of [2.23] yuan/m³.

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

In Hubei, the transaction range of natural gas was [4,640-4,920] yuan, with a 0.42% decrease, and an average hydrogen production cost of [2.06] yuan/m³.

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

In Guizhou, the transaction range of natural gas was [4,710-4,880] yuan, with a 2.02% increase, and an average hydrogen production cost of [2.07] yuan/m³.

In Sichuan, the transaction range of natural gas was [4,570-4,790] yuan, with a 1.63% increase, and an average hydrogen production cost of [2.02] yuan/m³.

In Zhejiang, the transaction range of natural gas was [4,320-4,700] yuan, with a 1.74% decrease, and an average hydrogen production cost of [1.95] yuan/m³.

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

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

 

III. Hydrogen Production from Propylene Oxide

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

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

In Shandong, the transaction range of propylene oxide was [7,080-7,120] yuan, with an average hydrogen production cost of [4.01] yuan/m³.

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

 

IV. Hydrogen Production from Methanol

In north-east China, the transaction range of methanol was [2,440-2,470] yuan, with a 2.58% decrease, and an average hydrogen production cost of [2.23] yuan/m³.

In east China, the transaction range of methanol was [2,430-2,570] yuan, with a 0.2% increase, and an average hydrogen production cost of [2.27] yuan/m³.

In central China, the transaction range of methanol was [2,300-2,530] yuan, with a 2.42% decrease, and an average hydrogen production cost of [2.24] yuan/m³.

In north China, the transaction range of methanol was [2,270-2,430] yuan, with a 0.21% decrease, and an average hydrogen production cost of [2.13] yuan/m³.

In south China, the transaction range of methanol was [2,390-2,440] yuan, with a 1.02% decrease, and an average hydrogen production cost of [2.20] yuan/m³.

In north-west China, the transaction range of methanol was [1,850-2,200] yuan, with a 1.22% decrease, and an average hydrogen production cost of [1.52] yuan/m³.

In south-west China, the transaction range of methanol was [2,310-2,550] yuan, with a 0.41% decrease, and an average hydrogen production 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.

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【SMM Daily Review of Hydrogen Energy Cost】20250506 - Shanghai Metals Market (SMM)