[SMM Hydrogen Cost Daily Review] 20250625

I. Hydrogen Production from Coal

The transaction range of coke in Shandong is [1030-1050], with an average hydrogen cost of [1.12 yuan/m³].

The transaction range of coke in Hebei is [1090-1160], with an average hydrogen cost of [1.21 yuan/m³].

The transaction range of coke in Shanxi is [1185-1830], with an average hydrogen cost of [1.29 yuan/m³].

The transaction range of coke in Henan is [1215-1225], with an average hydrogen cost of [1.31 yuan/m³].

II. Hydrogen Production from Natural Gas

The transaction range of natural gas in eastern Guangdong is [4910-4910], with an average hydrogen cost of [2.32 yuan/m³].

The transaction range of natural gas in Guangxi is [4680-4950], with an average hydrogen cost of [2.26 yuan/m³].

The transaction range of natural gas in Shanxi is [4060-4290], with an average hydrogen cost of [2 yuan/m³].

The transaction range of natural gas in Hebei is [4174-4480], with an average hydrogen cost of [2.1 yuan/m³].

The transaction range of natural gas in Shandong is [44790-4660], with an average hydrogen cost of [1.98 yuan/m³].

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

The transaction range of natural gas in Hubei is [4450-4750], with an average hydrogen cost of [1.99 yuan/m³].

The transaction range of natural gas in Henan is [4220-4360], with an average hydrogen cost of [1.86 yuan/m³].

The transaction range of natural gas in Guizhou is [4440-4720], with an average hydrogen cost of [1.98 yuan/m³].

The transaction range of natural gas in Sichuan is [4370-4470], with an average hydrogen cost of [1.91 yuan/m³].

The transaction range of natural gas in Zhejiang is [4650-4880], with an average hydrogen cost of [2.05 yuan/m³].

The transaction range of natural gas in Inner Mongolia is [4100-4360], with an average hydrogen cost of [1.84 yuan/m³].

The transaction range of natural gas in Heilongjiang is [4400-4710], with an average hydrogen cost of [1.98 yuan/m³].

III. Hydrogen Production from Propane

The transaction range of propylene oxide in north-east China is [7710-7780], with an average hydrogen cost of [4.32 yuan/m³].

The transaction range of propylene oxide in east China is [7680-7770], with an average hydrogen cost of [4.31 yuan/m³].

The transaction range of propylene oxide in Shandong is [7700-7720], with an average hydrogen cost of [4.32 yuan/m³].

The transaction range of propylene oxide in south China is [8000-8020], with an average hydrogen cost of [4.45 yuan/m³].

IV. Hydrogen production from methanol

The methanol transaction range in north-east China was [2,340-2,360 yuan/ton], with an average hydrogen cost of [2.16 yuan/m³]

The methanol transaction range in east China was [2,270-2,640 yuan/ton], with an average hydrogen cost of [2.24 yuan/m³]

The methanol transaction range in central China was [2,210-2,540 yuan/ton], with an average hydrogen cost of [2.22 yuan/m³]

The methanol transaction range in north China was [2,140-2,305 yuan/ton], with an average hydrogen cost of [2.05 yuan/m³]

The methanol transaction range in south China was [2,470-2,610 yuan/ton], with an average hydrogen cost of [1.85 yuan/m³]

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

The methanol transaction range in south-west China was [2,290-2,610 yuan/ton], with an average hydrogen cost of [1.79 yuan/m³]