[SMM Daily Review of Hydrogen Cost] July 8, 2025

Published: Jul 8, 2025 20:38

I. Hydrogen Production via Coal Gasification

Shandong coke transaction range [1030-1050], average hydrogen cost [1.16 yuan/m³]

Hebei coke transaction range [1090-1160], average hydrogen cost [1.29 yuan/m³]

Shanxi coke transaction range [1185-1380], average hydrogen cost [1.32 yuan/m³]

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

 

II. Hydrogen Production via Natural Gas

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

Guangxi natural gas transaction range [4630-4840], average hydrogen cost [2.23 yuan/m³]

Shanxi natural gas transaction range [4090-4390], average hydrogen cost [2.03 yuan/m³Z10/>Hebei natural gas transaction range [4206-4500], average hydrogen cost [2.11 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 [4410-4690], average hydrogen cost [1.97 yuan/m³]

Henan natural gas transaction range [4230-4410], average hydrogen cost [1.87 yuan/m³]

Guizhou natural gas transaction range [4410-4600], average hydrogen cost [1.95 yuan/m³]

Sichuan natural gas transaction range [4350-4460], average hydrogen cost [1.91 yuan/m³]

Zhejiang natural gas transaction range [4560-4760], average hydrogen cost [2.01 yuan/m³]

Inner Mongolia natural gas transaction range [4110-4430], average hydrogen cost [1.85 yuan/m³]

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

 

III. Hydrogen Production via Propane

North-east China propylene oxide transaction range [7340-7420], average hydrogen cost [4.13 yuan/m³]

East China propylene oxide transaction range [7400-7420], average hydrogen cost [4.15 yuan/m³]

Shandong propylene oxide transaction range [7190-7210], average hydrogen cost [4.06 yuan/m³]

South China propylene oxide transaction range [7680-7690], average hydrogen cost [4.28 yuan/m³]

IV. Hydrogen production from methanol

north-east China methanol transaction range [2290-2640], with an average hydrogen cost of [2.24 yuan/m³]

east China methanol transaction range [2270-2460], with an average hydrogen cost of [2.18 yuan/m³]

central China methanol transaction range [2190-2490], with an average hydrogen cost of [2.19 yuan/m³]

north China methanol transaction range [2080-2280], with an average hydrogen cost of [2.02 yuan/m³]

south China methanol transaction range [2420-2470], with an average hydrogen cost of [1.79 yuan/m³]Z31/>north-west China methanol transaction range [1655-2100], with an average hydrogen cost of [1.42 yuan/m³]Z32/>south-west China methanol transaction range [2070-2480], with an average hydrogen cost of [1.68 yuan/m³]Z33/>

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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[SMM Daily Review of Hydrogen Cost] July 8, 2025 - Shanghai Metals Market (SMM)