[SMM Hydrogen Cost Daily Review] 20250516

I. Hydrogen Production from Coal

In Shandong, the transaction price 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 price range of coke was [1,290-1,380 yuan/ton], and the average cost of hydrogen was [1.335 yuan/m³].

In Shanxi, the transaction price range of coke was [1,420-1,610 yuan/ton], and the average cost of hydrogen was [2.01 yuan/m³].

In Henan, the transaction price range of coke was [1,460-1,470 yuan/ton], and the average cost of hydrogen was [1.44 yuan/m³].

II. Hydrogen Production from Natural Gas

In eastern Guangdong, the transaction price 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 price 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 price range of natural gas was [4,220-4,510 yuan/ton], with a decrease of 0.68%, and the average cost of hydrogen was [2.09 yuan/m³].

In Hebei, the transaction price range of natural gas was [4,350-4,665 yuan/ton], with an increase of 1.12%, and the average cost of hydrogen was [2.18 yuan/m³].

In Shandong, the transaction price range of natural gas was [4,570-4,700 yuan/ton], and the average cost of hydrogen was [2.02 yuan/m³].

In the Pearl River Delta, the transaction price 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 price range of natural gas was [4,610-4,810 yuan/ton], with a decrease of 0.11%, and the average cost of hydrogen was [2.05 yuan/m³].

In Henan, the transaction price range of natural gas was [4,400-4,540 yuan/ton], and the average cost of hydrogen was [1.92 yuan/m³].

In Guizhou, the transaction price range of natural gas was [4,550-4,830 yuan/ton], and the average cost of hydrogen was [1.996 yuan/m³].

In Sichuan, the transaction price range of natural gas was [4,430-4,640 yuan/ton], and the average cost of hydrogen was [1.96 yuan/m³].

In Zhejiang, the transaction price range of natural gas was [4,530-4,810 yuan/ton], and the average cost of hydrogen was [2.07 yuan/m³].

In Inner Mongolia, the transaction price range of natural gas was [4,390-4,700 yuan/ton], and the average cost of hydrogen was [1.91 yuan/m³].

In Heilongjiang, the transaction price 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 price range of propylene oxide was [7,590-7,630 yuan/ton], with an increase of 0.86%, and the average cost of hydrogen was [4.23 yuan/m³].

In east China, the transaction price range of propylene oxide was [7,690-7,710 yuan/ton], with an increase of 1.05%, and the average cost of hydrogen was [4.3 yuan/m³].

In Shandong, the transaction price range of propylene oxide was [7,440-7,480 yuan/ton], with an increase of 1.15%, and the average cost of hydrogen was [4.2 yuan/m³].

In south China, the transaction price range of propylene oxide was [7,980-8,090 yuan/ton], with an increase of 1.32%, and the average cost of hydrogen was [4.46 yuan/m³].

IV. Hydrogen production from methanol

The transaction range of methanol in north-east China was [2,430-2,450 yuan], with an increase of 0.41%. The average cost of hydrogen was [2.2 yuan/m³].

The transaction range of methanol in east China was [2,330-2,450 yuan], with a decrease of 0.62%. The average cost of hydrogen was [2.2 yuan/m³].

The transaction range of methanol in central China was [2,250-2,530 yuan], with a decrease of 0.1%. The average cost of hydrogen was [2.22 yuan/m³].

The transaction range of methanol in north China was [2,180-2,320 yuan], with a decrease of 0.22%. The average cost of hydrogen was [2.07 yuan/m³].

The transaction range of methanol in south China was [2,400-2,440 yuan], with a decrease of 1.63%. The average cost of hydrogen was [1.77 yuan/m³].

The transaction range of methanol in north-west China was [1,800-2,200 yuan], with a decrease of 6.76%. The average cost of hydrogen was [1.5 yuan/m³].

The transaction range of methanol in south-west China was [2,250-2,470 yuan], with a decrease of 0.42%. The average cost of hydrogen was [1.73 yuan/m³].