[SMM Daily Review of Hydrogen Cost] 20250619

Published: Jun 19, 2025 16:18

I. Hydrogen Production from Coal

In Shandong, the transaction range for coke was [1,060-1,060 yuan], with an average hydrogen cost of [1.14 yuan/m³].

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

In Shanxi, the transaction range for coke was [1,240-1,455 yuan], with an average hydrogen cost of [1.34 yuan/m³].

In Henan, the transaction range for coke was [1,260-1,300 yuan], with an average hydrogen cost of [1.36 yuan/m³].

 

II. Hydrogen Production from Natural Gas

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

In Guangxi, the transaction range for natural gas was [4,510-4,910 yuan], with an average hydrogen cost of [2.22 yuan/m³].

In Shanxi, the transaction range for natural gas was [4,060-4,290 yuan], with an average hydrogen cost of [2.01 yuan/m³].

In Hebei, the transaction range for natural gas was [4,164-4,470 yuan], with an average hydrogen cost of [2.09 yuan/m³].

In Shandong, the transaction range for natural gas was [4,310-4,550 yuan], with an average hydrogen cost of [1.92 yuan/m³].

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

In Hubei, the transaction range for natural gas was [4,430-4,740 yuan], with an average hydrogen cost of [1.98 yuan/m³].

In Henan, the transaction range for natural gas was [4,250-4,360 yuan], with an average hydrogen cost of [1.87 yuan/m³].

In Guizhou, the transaction range for natural gas was [4,450-4,700 yuan], with an average hydrogen cost of [1.98 yuan/m³].

In Sichuan, the transaction range for natural gas was [4,360-4,510 yuan], with an average hydrogen cost of [1.92 yuan/m³].

In Zhejiang, the transaction range for natural gas was [4,650-4,880 yuan], with an average hydrogen cost of [2.05 yuan/m³].

In Inner Mongolia, the transaction range for natural gas was [4,100-4,360 yuan], with an average hydrogen cost of [1.84 yuan/m³].

In Heilongjiang, the transaction range for natural gas 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 transaction range for propylene oxide was [7,630-7,700 yuan], with an average hydrogen cost of [4.28 yuan/m³].

In east China, the transaction range for propylene oxide was [7,660-7,700 yuan], with an average hydrogen cost of [4.28 yuan/m³].

In Shandong, the transaction range for propylene oxide was [7,460-7,480 yuan], with an average hydrogen cost of [4.2 yuan/m³].

In south China, the transaction range for propylene oxide was [7,920-7,980 yuan], with an average hydrogen cost of [4.42 yuan/m³].

IV. Hydrogen production from methanol

The transaction range of methanol in north-east China was [2310-2320 yuan/ton], with an average hydrogen cost of [2.14 yuan/m³]

The transaction range of methanol in east China was [2270-2810 yuan/ton], with an average hydrogen cost of [2.29 yuan/m³]

The transaction range of methanol in central China was [2285-2540 yuan/ton], with an average hydrogen cost of [2.24 yuan/m³]

The transaction range of methanol in north China was [2130-2250 yuan/ton], with an average hydrogen cost of [2.03 yuan/m³]

The transaction range of methanol in south China was [2660-2740 yuan/ton], with an average hydrogen cost of [1.95 yuan/m³]

The transaction range of methanol in north-west China was [1580-2190 yuan/ton], with an average hydrogen cost of [1.43 yuan/m³]

The transaction range of methanol in south-west China was [2310-2520 yuan/ton], with an average hydrogen cost of [1.77 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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