[SMM Hydrogen Cost Daily Review] 20250704

I. Coal-to-Hydrogen

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

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

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

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

II. Natural Gas-to-Hydrogen

Guangdong (East Guangdong) natural gas transaction range [4910-4910], average hydrogen cost [2.32 yuan/m³]

Guangxi natural gas transaction range [4710-4940], average hydrogen cost [2.27 yuan/m³Z9/>Shanxi natural gas transaction range [4090-4370], average hydrogen cost [2.03 yuan/m³]

Hebei natural gas transaction range [4196-4480], average hydrogen cost [2.10 yuan/m³]

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

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

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

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

Guizhou natural gas transaction range [4380-4660], average hydrogen cost [1.95 yuan/m³]

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

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

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

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

III. Propane-to-Hydrogen

North-east China propylene oxide transaction range [7180-7260], average hydrogen cost [4.05 yuan/m³]

East China propylene oxide transaction range [7250-7260], average hydrogen cost [4.07 yuan/m³]

Shandong propylene oxide transaction range [7080-7110], average hydrogen cost [4.01 yuan/m³]

South China propylene oxide transaction range [7510-7620], average hydrogen cost [4.22 yuan/m³]

IV. Methanol-to-hydrogen

Northeast China methanol transaction range [2300-2630], average hydrogen cost [2.24 yuan/m³]

East China methanol transaction range [2270-2520], average hydrogen cost [2.2 yuan/m³]

Central China methanol transaction range [2230-2490], average hydrogen cost [2.2 yuan/m³]

North China methanol transaction range [2100-2260], average hydrogen cost [2.02 yuan/m³]

South China methanol transaction range [2475-2530], average hydrogen cost [1.82 yuan/m³]

Northwest China methanol transaction range [1635-2100], average hydrogen cost [1.42 yuan/m³]

Southwest China methanol transaction range [2140-2470], average hydrogen cost [1.7 yuan/m³]