[SMM Hydrogen Cost Daily Review] 20250722

Published: Jul 22, 2025 19:54

I. Coal-to-Hydrogen

The transaction range of anthracite in Shandong was [900-900], with an average hydrogen cost of [1.07 yuan/m³]

The transaction range of anthracite in Hebei was [900-900], with an average hydrogen cost of [1.15 yuan/m³]

The transaction range of anthracite in Shanxi was [900-900], with an average hydrogen cost of [1.03 yuan/m³]

The transaction range of anthracite in Henan was [910-910], with an average hydrogen cost of [1.11 yuan/m³]

 

II. Natural Gas-to-Hydrogen

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

The transaction range of natural gas in Guangxi was [4610-4860], with an average hydrogen cost of [2.23 yuan/m³]

The transaction range of natural gas in Shanxi was [4190-4560], with an average hydrogen cost of [2.09 yuan/m³]

The transaction range of natural gas in Hebei was [4370-4595], with an average hydrogen cost of [2.16 yuan/m³]

The transaction range of natural gas in Shandong was [4520-4670], with an average hydrogen cost of [1.98 yuan/m³]

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

The transaction range of natural gas in Hubei was [4470-4710], with an average hydrogen cost of [1.98 yuan/m³]

The transaction range of natural gas in Henan was [4330-4510], with an average hydrogen cost of [1.91 yuan/m³]

The transaction range of natural gas in Guizhou was [4370-4710], with an average hydrogen cost of [1.96 yuan/m³]

The transaction range of natural gas in Sichuan was [4430-4670], with an average hydrogen cost of [1.97 yuan/m³]

The transaction range of natural gas in Zhejiang was [4530-4730], with an average hydrogen cost of [2.00 yuan/m³]

The transaction range of natural gas in Inner Mongolia was [4270-4440], with an average hydrogen cost of [1.87 yuan/m³]

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

 

III. Propane-to-Hydrogen

The transaction range of propane in north-east China was [4160-4650], with an average hydrogen cost of [2.65 yuan/m³]

The transaction range of propane in east China was [4460-4660], with an average hydrogen cost of [2.73 yuan/m³]

The transaction range of propane in Shandong was [4600-4930], with an average hydrogen cost of [2.85 yuan/m³]

The transaction range of propane in south China was [4650-4720], with an average hydrogen cost of [2.79 yuan/m³]

IV. Hydrogen Production from Methanol

In north-east China, the methanol transaction range was [2,300-2,380], with an average hydrogen cost of [2.16 yuan/m³]

In east China, the methanol transaction range was [2,265-2,430], with an average hydrogen cost of [2.17 yuan/m³]

In central China, the methanol transaction range was [2,200-2,410], with an average hydrogen cost of [2.17 yuan/m³]

In north China, the methanol transaction range was [2,110-2,210], with an average hydrogen cost of [2.01 yuan/m³]

In south China, the methanol transaction range was [2,420-2,430], with an average hydrogen cost of [1.77 yuan/m³]

In north-west China, the methanol transaction range was [1,655-2,100], with an average hydrogen cost of [1.42 yuan/m³]

In south-west China, the methanol transaction range was [2,080-2,340], with an average hydrogen cost of [1.64 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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