[SMM Daily Review of Hydrogen Cost] 20250617

Published: Jun 17, 2025 16:33

I. Hydrogen Production from Coal

In Shandong, the transaction range of coke was [1060-1060 yuan/ton], and the average cost of hydrogen was [1.14 yuan/m³].

In Hebei, the transaction range of coke was [1140-1170 yuan/ton], and the average cost of hydrogen was [1.23 yuan/m³].

In Shanxi, the transaction range of coke was [1240-1455 yuan/ton], and the average cost of hydrogen was [1.34 yuan/m³].

In Henan, the transaction range of coke was [1260-1300 yuan/ton], and the average cost of hydrogen was [1.36 yuan/m³].

 

II. Hydrogen Production from Natural Gas

In eastern Guangdong, the transaction range of natural gas was [4910-4910 yuan/ton], and the average cost of hydrogen was [2.32 yuan/m³].

In Guangxi, the transaction range of natural gas was [4510-4910 yuan/ton], and the average cost of hydrogen was [2.22 yuan/m³].

In Shanxi, the transaction range of natural gas was [4060-4290 yuan/ton], and the average cost of hydrogen was [2.01 yuan/m³].

In Hebei, the transaction range of natural gas was [4164-4470 yuan/ton], and the average cost of hydrogen was [2.09 yuan/m³].

In Shandong, the transaction range of natural gas was [4310-4550 yuan/ton], and the average cost of hydrogen was [1.92 yuan/m³].

In the Pearl River Delta, the transaction range of natural gas was [4890-4920 yuan/ton], and the average cost of hydrogen was [2.11 yuan/m³].

In Hubei, the transaction range of natural gas was [4430-4740 yuan/ton], and the average cost of hydrogen was [1.98 yuan/m³].

In Henan, the transaction range of natural gas was [4200-4350 yuan/ton], and the average cost of hydrogen was [1.85 yuan/m³].

In Guizhou, the transaction range of natural gas was [4340-4670 yuan/ton], and the average cost of hydrogen was [1.95 yuan/m³].

In Sichuan, the transaction range of natural gas was [4360-4470 yuan/ton], and the average cost of hydrogen was [1.91 yuan/m³].

In Zhejiang, the transaction range of natural gas was [4600-4850 yuan/ton], and the average cost of hydrogen was [2.04 yuan/m³].

In Inner Mongolia, the transaction range of natural gas was [4100-4360 yuan/ton], and the average cost of hydrogen was [1.84 yuan/m³].

In Heilongjiang, the transaction range of natural gas was [4620-4820 yuan/ton], and the average cost of hydrogen was [2.04 yuan/m³].

 

III. Hydrogen Production from Propane

In north-east China, the transaction range of propylene oxide was [7620-7650 yuan/ton], and the average cost of hydrogen was [4.26 yuan/m³].

In east China, the transaction range of propylene oxide was [7630-7700 yuan/ton], and the average cost of hydrogen was [4.28 yuan/m³].

In Shandong, the transaction range of propylene oxide was [7440-7470 yuan/ton], and the average cost of hydrogen was [4.19 yuan/m³].

In south China, the transaction range of propylene oxide was [7920-7980 yuan/ton], and the average cost of hydrogen was [4.42 yuan/m³].

IV. Hydrogen production from methanol

The methanol transaction range in north-east China was [2,350-2,370 yuan], with an average hydrogen cost of [2.17 yuan/m³]

The methanol transaction range in east China was [2,260-2,630 yuan], with an average hydrogen cost of [2.23 yuan/m³]

The methanol transaction range in central China was [2,280-2,580 yuan], with an average hydrogen cost of [2.25 yuan/m³]

The methanol transaction range in north China was [2,020-2,260 yuan], with an average hydrogen cost of [2 yuan/m³]

The methanol transaction range in south China was [2,510-2,590 yuan], with an average hydrogen cost of [1.85 yuan/m³]

The methanol transaction range in north-west China was [1,570-2,200 yuan], with an average hydrogen cost of [1.43 yuan/m³]

The methanol transaction range in south-west China was [2,170-2,370 yuan], with an average hydrogen cost of [1.68 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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