[SMM Daily Review of Hydrogen Cost] 20250513

Published: May 16, 2025 12:03

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]

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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