[SMM Daily Review of Hydrogen Cost] 20250527

Published: May 29, 2025 21:40

I. Hydrogen Production from Coal

In Shandong, the coke transaction range was [1,200-1,210 yuan], with an average hydrogen cost of [1.23 yuan/m³].

In Hebei, the coke transaction range was [1,240-1,320 yuan], with an average hydrogen cost of [1.29 yuan/m³].

In Shanxi, the coke transaction range was [1,360-1,560 yuan], with an average hydrogen cost of [1.4 yuan/m³].

In Henan, the coke transaction range was [1,420-1,420 yuan], with an average hydrogen cost of [1.4 yuan/m³].

 

II. Hydrogen Production from Natural Gas

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

In Guangxi, the natural gas transaction range was [4,710-5,020 yuan], with an average hydrogen cost of [2.26 yuan/m³].

In Shanxi, the natural gas transaction range was [4,080-4,300 yuan], with a decrease of 0.59%, and an average hydrogen cost of [2.0 yuan/m³].

In Hebei, the natural gas transaction range was [4,250-4,515 yuan], with an average hydrogen cost of [2.12 yuan/m³].

In Shandong, the natural gas transaction range was [4,430-4,610 yuan], with a decrease of 1.09%, and an average hydrogen cost of [1.97 yuan/m³].

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

In Hubei, the natural gas transaction range was [4,510-4,710 yuan], with an average hydrogen cost of [1.99 yuan/m³].

In Henan, the natural gas transaction range was [4,200-4,350 yuan], with an average hydrogen cost of [1.85 yuan/m³].

In Guizhou, the natural gas transaction range was [4,440-4,730 yuan], with an increase of 0.55%, and an average hydrogen cost of [1.97 yuan/m³].

In Sichuan, the natural gas transaction range was [4,390-4,540 yuan], with an average hydrogen cost of [1.93 yuan/m³].

In Zhejiang, the natural gas transaction range was [4,480-4,820 yuan], with an average hydrogen cost of [2.0 yuan/m³].

In Inner Mongolia, the natural gas transaction range was [4,190-4,420 yuan], with a decrease of 0.46%, and an average hydrogen cost of [1.87 yuan/m³].

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

 

III. Hydrogen Production from Propane

In north-east China, the propylene oxide transaction range was [7,590-7,630 yuan], with a decrease of 1.55%, and an average hydrogen cost of [4.24 yuan/m³].

In east China, the propylene oxide transaction range was [7,500-7,550 yuan], with an average hydrogen cost of [4.2 yuan/m³].

In Shandong, the propylene oxide transaction range was [7,420-7,440 yuan], with a decrease of 1.33%, and an average hydrogen cost of [4.22 yuan/m³].

In south China, the propylene oxide transaction range was [7,820-7,920 yuan], with a decrease of 0.38%, and an average hydrogen cost of [4.39 yuan/m³].

 

IV. Hydrogen production from methanol

In north-east China, the methanol transaction range was [2210-2590 yuan], with a decrease of 2.64%, and the average cost of hydrogen was [2.19 yuan/m³].

In east China, the methanol transaction range was [2180-2320 yuan], with a decrease of 1.75%, and the average cost of hydrogen was [2.1 yuan/m³].

In central China, the methanol transaction range was [2080-2420 yuan], with a decrease of 1.96%, and the average cost of hydrogen was [2.14 yuan/m³].

In north China, the methanol transaction range was [2070-2310 yuan], with a decrease of 0.68%, and the average cost of hydrogen was [2.03 yuan/m³].

In south China, the methanol transaction range was [2260-2270 yuan], with a decrease of 2.58%, and the average cost of hydrogen was [1.67 yuan/m³].

In north-west China, the methanol transaction range was [1655-2080 yuan], with a decrease of 4.48%, and the average cost of hydrogen was [1.67 yuan/m³].

In south-west China, the methanol transaction range was [2240-2440 yuan], and the average cost of hydrogen was [1.72 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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