[SMM Hydrogen Cost Daily Review] 20250703

Published: Jul 3, 2025 20:24

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 production

North-east China methanol transaction range [2290-2640], average hydrogen cost [2.24 yuan/m³]

East China methanol transaction range [2250-2520], average hydrogen cost [2.19 yuan/m³]

Central China methanol transaction range [2235-2470], average hydrogen cost [2.2 yuan/m³]

North China methanol transaction range [2100-2270], average hydrogen cost [2.03 yuan/m³]

South China methanol transaction range [2450-2510], average hydrogen cost [1.81 yuan/m³]

North-west China methanol transaction range [1645-2090], average hydrogen cost [1.42 yuan/m³]

South-west China methanol transaction range [2140-2470], average hydrogen cost [1.7 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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