[SMM Daily Review of Hydrogen Cost] 20250513

I. Hydrogen Production from Coal

In Shandong, the transaction range of coke was [1,230-1,230 yuan/ton], and the average cost of hydrogen was [1.26 yuan/m³].

In Hebei, the transaction range of coke was [1,290-1,380 yuan/ton], and the average cost of hydrogen was [1.336 yuan/m³].

In Shanxi, the transaction range of coke was [1,420-1,610 yuan/ton], and the average cost of hydrogen was [1.446 yuan/m³].

In Henan, the transaction range of coke was [1,460-1,470 yuan/ton], and the average cost of hydrogen was [1.43 yuan/m³].

II. Hydrogen Production from Natural Gas

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

In Guangxi, the transaction range of natural gas was [4,770-5,010 yuan/ton], and the average cost of hydrogen was [2.29 yuan/m³].

In Shanxi, the transaction range of natural gas was [4,280-4,620 yuan/ton], and the average cost of hydrogen was [2.12 yuan/m³].

In Hebei, the transaction range of natural gas was [4,430-4,270 yuan/ton], and the average cost of hydrogen was [2.20 yuan/m³].

In Shandong, the transaction range of natural gas was [4,560-4,700 yuan/ton], and the average cost of hydrogen was [2.0 yuan/m³].

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

In Hubei, the transaction range of natural gas was [4,590-4,840 yuan/ton], and the average cost of hydrogen was [2.03 yuan/m³].

In Henan, the transaction range of natural gas was [4,400-4,540 yuan/ton], with a decrease of 1.11%, and the average cost of hydrogen was [1.95 yuan/m³].

In Guizhou, the transaction range of natural gas was [4,560-4,830 yuan/ton], and the average cost of hydrogen was [1.99 yuan/m³].

In Sichuan, the transaction range of natural gas was [4,570-4,660 yuan/ton], and the average cost of hydrogen was [1.99 yuan/m³].

In Zhejiang, the transaction range of natural gas was [4,580-4,830 yuan/ton], and the average cost of hydrogen was [2.03 yuan/m³].

In Inner Mongolia, the transaction range of natural gas was [4,390-4,700 yuan/ton], and the average cost of hydrogen was [1.96 yuan/m³].

In Heilongjiang, the transaction range of natural gas was [4,670-4,870 yuan/ton], and the average cost of hydrogen was [2.05 yuan/m³].

III. Hydrogen Production from Propane

In north-east China, the transaction range of propylene oxide was [7,450-7,520 yuan/ton], and the average cost of hydrogen was [4.19 yuan/m³].

In east China, the transaction range of propylene oxide was [7,390-7,430 yuan/ton], with an increase of 0.34%, and the average cost of hydrogen was [4.15 yuan/m³].

In Shandong, the transaction range of propylene oxide was [7,290-7,290 yuan/ton], with an increase of 0.28%, and the average cost of hydrogen was [4.11 yuan/m³].

In south China, the transaction range of propylene oxide was [7,790-7,920 yuan/ton], and the average cost of hydrogen was [4.37 yuan/m³].

IV. Methanol-to-hydrogen production

In north-east China, the trading range of methanol was [2,430-2,450 yuan], with an increase of 0.83%, and the average cost of hydrogen was [2.22 yuan/m³]

In east China, the trading range of methanol was [2,330-2,460 yuan], with an increase of 1.27%, and the average cost of hydrogen was [2.22 yuan/m³]

In central China, the trading range of methanol was [2,250-2,520 yuan], with an increase of 0.85%, and the average cost of hydrogen was [2.23 yuan/m³]

In north China, the trading range of methanol was [2,160-2,320 yuan], with a decrease of 2.82%, and the average cost of hydrogen was [2.06 yuan/m³]

In south China, the trading range of methanol was [2,390-2,460 yuan], with an increase of 0.94%, and the average cost of hydrogen was [1.81 yuan/m³]

In north-west China, the trading range of methanol was [1,840-2,160 yuan], with a decrease of 0.76%, and the average cost of hydrogen was [1.49 yuan/m³]

In south-west China, the trading range of methanol was [2,290-2,530 yuan], with a decrease of 0.21%, and the average cost of hydrogen was [1.77 yuan/m³]