[SMM Daily Review of Hydrogen Cost] 20250609

Published: Jun 9, 2025 18:18

I. Hydrogen Production from Coal

In Shandong, the coke transaction range was [1,060-1,060 yuan], with an average hydrogen cost of [1.13 yuan/m³].

In Hebei, the coke transaction range was [1,140-1,170 yuan], with an average hydrogen cost of [1.23 yuan/m³].

In Shanxi, the coke transaction range was [1,240-1,455 yuan], with an average hydrogen cost of [1.33 yuan/m³].

In Henan, the coke transaction range was [1,260-1,330 yuan], with an average hydrogen cost of [1.34 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 [4,510-4,910 yuan], with an average hydrogen cost of [2.22 yuan/m³].

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

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

In Shandong, the natural gas transaction range was [4,340-4,580 yuan], with an average hydrogen cost of [1.93 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 [4,550-4,730 yuan], with an average hydrogen cost of [2.00 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 [4,340-4,700 yuan], with an average hydrogen cost of [1.95 yuan/m³].

In Sichuan, the natural gas transaction range was [4,360-4,570 yuan], with an average hydrogen cost of [1.93 yuan/m³].

In Zhejiang, the natural gas transaction range was [4,520-4,780 yuan], with an average hydrogen cost of [2.01 yuan/m³].

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

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

 

III. Hydrogen Production from Propane

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

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

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

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

IV. Hydrogen production from methanol

The methanol transaction range in north-east China was [2230-2290 yuan/ton], with an average hydrogen cost of [2.10 yuan/m³]

The methanol transaction range in east China was [2140-2390 yuan/ton], with an average hydrogen cost of [2.12 yuan/m³]

The methanol transaction range in central China was [2110-2360 yuan/ton], with an average hydrogen cost of [2.13 yuan/m³]

The methanol transaction range in north China was [1970-2070 yuan/ton], with an average hydrogen cost of [1.92 yuan/m³]

The methanol transaction range in south China was [2320-2350 yuan/ton], with an average hydrogen cost of [1.72 yuan/m³]

The methanol transaction range in north-west China was [1575-2090 yuan/ton], with an average hydrogen cost of [1.40 yuan/m³]

The methanol transaction range in south-west China was [2160-2440 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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[SMM Daily Review of Hydrogen Cost] 20250609 - Shanghai Metals Market (SMM)