[SMM Daily Review of Hydrogen Cost] 20250617

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]