[SMM Daily Review of Hydrogen Cost] 20250619

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]