[SMM Hydrogen Cost Daily Review] 20250516

Published: May 23, 2025 09:40

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].

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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