[SMM Daily Review of Hydrogen Cost] 20250624

Published: Jun 24, 2025 16:52

I. Hydrogen Production from Coal

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

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

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

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

 

II. Hydrogen Production from Natural Gas

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

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

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

In Hebei, the natural gas transaction range was [4186-4455] yuan, with an average hydrogen cost of [2.09 yuan/m³].

In Shandong, the natural gas transaction range was [4470-4630] yuan, with an average hydrogen cost of [1.97 yuan/m³].

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

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

In Henan, the natural gas transaction range was [4220-4360] yuan, with an average hydrogen cost of [1.86 yuan/m³].

In Guizhou, the natural gas transaction range was [4420-4680] yuan, with an average hydrogen cost of [1.97 yuan/m³].

In Sichuan, the natural gas transaction range was [4330-4490] yuan, with an average hydrogen cost of [1.91 yuan/m³].

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

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

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

 

III. Hydrogen Production from Propane

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

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

In Shandong, the propylene oxide transaction range was [7580-7620] yuan, with an average hydrogen cost of [4.26 yuan/m³].

In south China, the propylene oxide transaction range was [8000-8020] yuan, with an average hydrogen cost of [4.45 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 [2,320-2,650 yuan], with an average hydrogen cost of [2.26 yuan/m³]

The methanol transaction range in central China was [2,230-2,530 yuan], with an average hydrogen cost of [2.22 yuan/m³]

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

The methanol transaction range in south China was [2,470-2,660 yuan], with an average hydrogen cost of [1.86 yuan/m³]

The methanol transaction range in north-west China was [1,610-2,190 yuan], with an average hydrogen cost of [1.44 yuan/m³]

The methanol transaction range in south-west China was [2,290-2,540 yuan], 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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