【SMM Daily Review of Hydrogen Energy Cost】20250508

I. Hydrogen Production from Coal

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

In Hebei, the coke transaction range was [1290-1380], with an average hydrogen cost of [1.33 yuan/m³].

In Shanxi, the coke transaction range was [1420-1610], with an average hydrogen cost of [1.43 yuan/m³].

In Henan, the coke transaction range was [1460-1470], 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 [4910-4910], with an average hydrogen cost of [2.32 yuan/m³].

In Guangxi, the natural gas transaction range was [4770-5010], with a decrease of 1.31%, and an average hydrogen cost of [2.29 yuan/m³].

In Shanxi, the natural gas transaction range was [4310-4610], with an average hydrogen cost of [2.12 yuan/m³].

In Hebei, the natural gas transaction range was [4430-4720], with a decrease of 0.05%, and an average hydrogen cost of [2.20 yuan/m³].

In Shandong, the natural gas transaction range was [4560-4700], with an average hydrogen cost of [2.24 yuan/m³].

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

In Hubei, the natural gas transaction range was [4640-4920], with an average hydrogen cost of [2.06 yuan/m³].

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

In Guizhou, the natural gas transaction range was [4660-4930], with a decrease of 0.62%, and an average hydrogen cost of [2.07 yuan/m³].

In Sichuan, the natural gas transaction range was [4610-4780], with an average hydrogen cost of [2.03 yuan/m³].

In Zhejiang, the natural gas transaction range was [4530-4770], with an average hydrogen cost of [2.01 yuan/m³].

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

In Heilongjiang, the natural gas transaction range was [4670-4870], 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 [7310-7350], with an increase of 0.48%, and an average hydrogen cost of [4.11 yuan/m³].

In east China, the propylene oxide transaction range was [7380-7390], with an increase of 1.03%, and an average hydrogen cost of [4.14 yuan/m³].

In Shandong, the propylene oxide transaction range was [7170-7170], with an increase of 0.99%, and an average hydrogen cost of [4.05 yuan/m³].

In south China, the propylene oxide transaction range was [7790-7920], with an increase of 1.22%, and an average hydrogen cost of [4.37 yuan/m³].

IV.Hydrogen production from methanol

The methanol transaction range in north-east China was [2,420-2,430 yuan], with a decrease of 1.42%. The average cost of hydrogen was [2.21 yuan/m³].

The methanol transaction range in east China was [2,340-2,440 yuan], with a decrease of 1.65%. The average cost of hydrogen was [2.2 yuan/m³].

The methanol transaction range in central China was [2,240-2,500 yuan], with a decrease of 1.86%. The average cost of hydrogen was [2.21 yuan/m³].

The methanol transaction range in north China was [2,200-2,440 yuan], with an increase of 0.22%. The average cost of hydrogen was [2.11 yuan/m³].

The methanol transaction range in south China was [2,360-2,420 yuan], with a decrease of 0.83%. The average cost of hydrogen was [2.18 yuan/m³].

The methanol transaction range in north-west China was [1,850-2,190 yuan], and the average cost of hydrogen was [1.52 yuan/m³].

The methanol transaction range in south-west China was [2,280-2,550 yuan], with a decrease of 0.21%. The average cost of hydrogen was [1.77 yuan/m³].