[SMM Daily Review of Hydrogen Cost] 20250624

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]