[SMM Daily Review of Hydrogen Cost] 20250605

Published: Jun 6, 2025 10:29

I. Hydrogen Production from Coal

In Shandong, the coke transaction range was [1,140-1,170 yuan/ton], and the average cost of hydrogen was [1.2 yuan/m³].

In Hebei, the coke transaction range was [1,210-1,250 yuan/ton], and the average cost of hydrogen was [1.35 yuan/m³].

In Shanxi, the coke transaction range was [1,320-1,490 yuan/ton], and the average cost of hydrogen was [1.41 yuan/m³].

In Henan, the coke transaction range was [1,330-1,370 yuan/ton], and the average cost of hydrogen was [1.36 yuan/m³].

 

II. Hydrogen Production from Natural Gas

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

In Guangxi, the natural gas transaction range was [4,660-4,880 yuan/ton], and the average cost of hydrogen was [2.24 yuan/m³].

In Shanxi, the natural gas transaction range was [4,040-4,340 yuan/ton], and the average cost of hydrogen was [2.01 yuan/m³].

In Hebei, the natural gas transaction range was [4,226-4,515 yuan/ton], and the average cost of hydrogen was [2.11 yuan/m³].

In Shandong, the natural gas transaction range was [4,430-4,610 yuan/ton], and the average cost of hydrogen was [1.95 yuan/m³].

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

In Hubei, the natural gas transaction range was [4,550-4,730 yuan/ton], and the average cost of hydrogen was [2.00 yuan/m³].

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

In Guizhou, the natural gas transaction range was [4,380-4,660 yuan/ton], and the average cost of hydrogen was [1.95 yuan/m³].

In Sichuan, the natural gas transaction range was [4,350-4,520 yuan/ton], and the average cost of hydrogen was [1.92 yuan/m³].

In Zhejiang, the natural gas transaction range was [4,480-4,820 yuan/ton], and the average cost of hydrogen was [2.00 yuan/m³].

In Inner Mongolia, the natural gas transaction range was [4,190-4,420 yuan/ton], and the average cost of hydrogen was [1.87 yuan/m³].

In Heilongjiang, the natural gas transaction range was [4,620-4,820 yuan/ton], and the average cost of hydrogen was [2.04 yuan/m³].

 

III. Hydrogen Production from Propane

In north-east China, the propylene oxide transaction range was [7,470-7,500 yuan/ton], and the average cost of hydrogen was [4.19 yuan/m³].

In east China, the propylene oxide transaction range was [7,380-7,400 yuan/ton], and the average cost of hydrogen was [4.14 yuan/m³].

In Shandong, the propylene oxide transaction range was [7,260-7,320 yuan/ton], and the average cost of hydrogen was [4.12 yuan/m³].

In south China, the propylene oxide transaction range was [7,680-7,820 yuan/ton], and the average cost of hydrogen was [4.32 yuan/m³].

IV. Hydrogen production from methanol

The methanol transaction range in north-east China was [2,170-2,280 yuan/ton], with an average hydrogen cost of [2.08 yuan/m³]

The methanol transaction range in east China was [2,150-2,370 yuan/ton], with an average hydrogen cost of [2.11 yuan/m³]

The methanol transaction range in central China was [2,090-2,350 yuan/ton], with an average hydrogen cost of [2.12 yuan/m³]

The methanol transaction range in north China was [1,960-2,060 yuan/ton], with an average hydrogen cost of [1.91 yuan/m³]

The methanol transaction range in south China was [2,300-2,350 yuan/ton], with an average hydrogen cost of [1.71 yuan/m³]

The methanol transaction range in north-west China was [1,575-2,090 yuan/ton], with an average hydrogen cost of [1.4 yuan/m³]

The methanol transaction range in south-west China was [2,160-2,430 yuan/ton], with an average hydrogen cost of [1.69 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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