[SMM Hydrogen Cost Daily Review] 20250702

I. Coal-to-Hydrogen

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

Hebei coke transaction range [1090-1160] yuan/ton, with an average hydrogen cost of [1.25 yuan/m³]

Shanxi coke transaction range [1185-1380] yuan/ton, with an average hydrogen cost of [1.31 yuan/m³]

Henan coke transaction range [1215-1225] yuan/ton, with an average hydrogen cost of [1.30 yuan/m³]

II. Natural Gas-to-Hydrogen

Guangdong (eastern Guangdong) natural gas transaction range [4910-4910] yuan/ton, with an average hydrogen cost of [2.32 yuan/m³]

Guangxi natural gas transaction range [4710-4940] yuan/ton, with an average hydrogen cost of [2.27 yuan/m³]

Shanxi natural gas transaction range [4070-4320] yuan/ton, with an average hydrogen cost of [2.02 yuan/m³]

Hebei natural gas transaction range [4176-4520] yuan/ton, with an average hydrogen cost of [2.10 yuan/m³]

Shandong natural gas transaction range [4480-4660] yuan/ton, with an average hydrogen cost of [1.97 yuan/m³]

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

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

Henan natural gas transaction range [4220-4400] yuan/ton, with an average hydrogen cost of [1.87 yuan/m³]

Guizhou natural gas transaction range [4390-4690] yuan/ton, with an average hydrogen cost of [1.96 yuan/m³]

Sichuan natural gas transaction range [4380-4480] yuan/ton, with an average hydrogen cost of [1.92 yuan/m³]

Zhejiang natural gas transaction range [4560-4750] yuan/ton, with an average hydrogen cost of [2.01 yuan/m³]

Inner Mongolia natural gas transaction range [4090-4390] yuan/ton, with an average hydrogen cost of [1.84 yuan/m³]

Heilongjiang natural gas transaction range [4400-4710] yuan/ton, with an average hydrogen cost of [1.97 yuan/m³]

III. Propane-to-Hydrogen

North-east China propylene oxide transaction range [7330-7360] yuan/ton, with an average hydrogen cost of [4.12 yuan/m³]

East China propylene oxide transaction range [7430-7430] yuan/ton, with an average hydrogen cost of [4.16 yuan/m³]

Shandong propylene oxide transaction range [7260-7320] yuan/ton, with an average hydrogen cost of [4.11 yuan/m³]

South China propylene oxide transaction range [7680-7810] yuan/ton, with an average hydrogen cost of [4.31 yuan/m³]

IV. Methanol-to-hydrogen

In north-east China, the methanol transaction range was [2,280-2,620], with an average hydrogen cost of [2.23 yuan/m³].

In east China, the methanol transaction range was [2,250-2,530], with an average hydrogen cost of [2.20 yuan/m³].

In central China, the methanol transaction range was [2,205-2,470], with an average hydrogen cost of [2.19 yuan/m³].

In north China, the methanol transaction range was [2,090-2,280], with an average hydrogen cost of [2.03 yuan/m³].

In south China, the methanol transaction range was [2,470-2,520], with an average hydrogen cost of [1.82 yuan/m³].

In north-west China, the methanol transaction range was [1,645-2,110], with an average hydrogen cost of [1.42 yuan/m³].

In south-west China, the methanol transaction range was [2,140-2,470], with an average hydrogen cost of [1.70 yuan/m³].