[SMM Daily Review of Hydrogen Cost] 20250609

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]