[SMM Daily Review of Hydrogen Cost] 20250512

Published: May 16, 2025 11:56

I. Hydrogen Production from Coal

In Shandong, the coke transaction range was [1230-1230], with an average hydrogen cost of [1.26 yuan/m³].

In Hebei, the coke transaction range was [1290-1380], with an average hydrogen cost of [1.336 yuan/m³].

In Shanxi, the coke transaction range was [1420-1610], with an average hydrogen cost of [1.446 yuan/m³].

In Henan, the coke transaction range was [1460-1470], with an average hydrogen cost of [1.43 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 an average hydrogen cost of [2.29 yuan/m³].

In Shanxi, the natural gas transaction range was [4280-4620], with a decrease of 0.89%, and an average hydrogen cost of [2.12 yuan/m³].

In Hebei, the natural gas transaction range was [4430-4270], with 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 [1.998 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 [4590-4840], with a decrease of 1.36%, and an average hydrogen cost of [2.03 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 [4560-4830], with a decrease of 1.47%, and an average hydrogen cost of [1.99 yuan/m³].

In Sichuan, the natural gas transaction range was [4570-4660], with a decrease of 0.65%, and an average hydrogen cost of [1.99 yuan/m³].

In Zhejiang, the natural gas transaction range was [4580-4830], with an increase of 1.18%, and an average hydrogen cost of [2.23 yuan/m³].

In Inner Mongolia, the natural gas transaction range was [4390-4700], with a decrease of 0.87%, and an average hydrogen cost of [1.96 yuan/m³].

In Heilongjiang, the natural gas transaction range was [4670-4870], with an average hydrogen cost of [2.055 yuan/m³].

 

III. Hydrogen Production from Propane

In north-east China, the propylene oxide transaction range was [7450-7520], with an average hydrogen cost of [4.18 yuan/m³].

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

In Shandong, the propylene oxide transaction range was [7240-7300], with an average hydrogen cost of [4.09 yuan/m³].

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

 

IV. Hydrogen production from methanol

The transaction price range of methanol in north-east China was [2,410-2,430 yuan], with an increase of 0.41%. The average cost of hydrogen was [2.21 yuan/m³].

The transaction price range of methanol in east China was [2,290-2,440 yuan], with an average hydrogen cost of [2.18 yuan/m³].

The transaction price range of methanol in central China was [2,250-2,480 yuan], with a decrease of 0.42%. The average cost of hydrogen was [2.21 yuan/m³].

The transaction price range of methanol in north China was [2,170-2,440 yuan], with a decrease of 0.43%. The average cost of hydrogen was [2.1 yuan/m³].

The transaction price range of methanol in south China was [2,375-2,430 yuan], with an increase of 0.31%. The average cost of hydrogen was [1.76 yuan/m³].

The transaction price range of methanol in north-west China was [1,830-2,140 yuan], with a decrease of 1.49%. The average cost of hydrogen was [1.49 yuan/m³].

The transaction price range of methanol in south-west China was [2,300-2,530 yuan], with an increase of 0.42%. The average cost of hydrogen was [1.77 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
[SMM Daily Review of Hydrogen Cost] 20250512 - Shanghai Metals Market (SMM)