[SMM Hydrogen Cost Daily Review] 20250623

Published: Jun 23, 2025 15:36

I. Hydrogen Production from Coal

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

In Hebei, the transaction range of coke was [1140-1170] yuan, with an average hydrogen cost of [1.21 yuan/m³].

In Shanxi, the transaction range of coke was [1240-1455] yuan, with an average hydrogen cost of [1.33 yuan/m³].

In Henan, the transaction range of coke was [1260-1300] yuan, with an average hydrogen cost of [1.35 yuan/m³].

 

II. Hydrogen Production from Natural Gas

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

In Guangxi, the transaction range of natural gas was [4680-4950] yuan, with an average hydrogen cost of [2.26 yuan/m³].

In Shanxi, the transaction range of natural gas was [4060-4290] yuan, with an average hydrogen cost of [2.00 yuan/m³].

In Hebei, the transaction range of natural gas was [4176-4460] yuan, with an average hydrogen cost of [2.09 yuan/m³].

In Shandong, the transaction range of natural gas was [4390-4580] yuan, with an average hydrogen cost of [1.94 yuan/m³].

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

In Hubei, the transaction range of natural gas was [4450-4750] yuan, with an average hydrogen cost of [1.99 yuan/m³].

In Henan, the transaction range of natural gas was [4250-4360] yuan, with an average hydrogen cost of [1.87 yuan/m³].

In Guizhou, the transaction range of natural gas was [4480-4690] yuan, with an average hydrogen cost of [1.98 yuan/m³].

In Sichuan, the transaction range of natural gas was [4310-4510] yuan, with an average hydrogen cost of [1.91 yuan/m³].

In Zhejiang, the transaction range of natural gas was [4650-4880] yuan, with an average hydrogen cost of [2.05 yuan/m³].

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

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

 

III. Hydrogen Production from Propane

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

In east China, the transaction range of propylene oxide was [7680-7770] yuan, with an average hydrogen cost of [4.31 yuan/m³].

In Shandong, the transaction range of propylene oxide was [7460-7480] yuan, with an average hydrogen cost of [4.20 yuan/m³].

In south China, the transaction range of propylene oxide was [8000-8020] yuan, with an average hydrogen cost of [4.45 yuan/m³].

IV. Hydrogen production from methanol

The transaction price range of methanol in north-east China was [2,320-2,320 yuan/ton], with an average hydrogen cost of [2.14 yuan/m³]

The transaction price range of methanol in east China was [2,320-2,750 yuan/ton], with an average hydrogen cost of [2.29 yuan/m³]

The transaction price range of methanol in central China was [2,290-2,540 yuan/ton], with an average hydrogen cost of [2.24 yuan/m³]

The transaction price range of methanol in north China was [2,150-2,290 yuan/ton], with an average hydrogen cost of [2.05 yuan/m³]

The transaction price range of methanol in south China was [2,630-2,710 yuan/ton], with an average hydrogen cost of [1.93 yuan/m³]

The transaction price range of methanol in north-west China was [1,630-2,200 yuan/ton], with an average hydrogen cost of [1.45 yuan/m³]

The transaction price range of methanol in south-west China was [2,300-2,520 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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