[SMM hydrogen cost daily review] 20250723

Published: Jul 23, 2025 20:06

I. Coal-to-Hydrogen

Shandong anthracite transaction range [900-900], average hydrogen cost [1.07 yuan/m³]

Hebei anthracite transaction range [900-900], average hydrogen cost [1.15 yuan/m³]

Shanxi anthracite transaction range [900-900], average hydrogen cost [1.03 yuan/m³]

Henan anthracite transaction range [910-910], average hydrogen cost [1.11 yuan/m³]

 

II. Natural Gas-to-Hydrogen

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

Guangxi natural gas transaction range [4610-4860], average hydrogen cost [2.23 yuan/m³]

Shanxi natural gas transaction range [4190-4560], average hydrogen cost [2.09 yuan/m³]

Hebei natural gas transaction range [4350-4605], average hydrogen cost [2.16 yuan/m³]

Shandong natural gas transaction range [4520-4670], average hydrogen cost [1.98 yuan/m³]

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

Hubei natural gas transaction range [4440-4760], average hydrogen cost [1.99 yuan/m³]

Henan natural gas transaction range [4330-4510], average hydrogen cost [1.91 yuan/m³]

Guizhou natural gas transaction range [4370-4710], average hydrogen cost [1.96 yuan/m³]

Sichuan natural gas transaction range [4430-4670], average hydrogen cost [1.97 yuan/m³]

Zhejiang natural gas transaction range [4530-4730], average hydrogen cost [2 yuan/m³]

Inner Mongolia natural gas transaction range [4270-4440], average hydrogen cost [1.87 yuan/m³]

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

 

III. Propane-to-Hydrogen

North-east China propane transaction range [4160-4650], average hydrogen cost [2.65 yuan/m³]

East China propane transaction range [4460-4660], average hydrogen cost [2.73 yuan/m³]

Shandong propane transaction range [4620-4900], average hydrogen cost [2.85 yuan/m³]

South China propane transaction range [4650-4720], average hydrogen cost [2.79 yuan/m³]

IV. Hydrogen Production from Methanol

In north-east China, the methanol transaction range was [2,330-2,440], with an average hydrogen cost of [2.18 yuan/m³]

In east China, the methanol transaction range was [2,270-2,480], with an average hydrogen cost of [2.19 yuan/m³]

In central China, the methanol transaction range was [2,225-2,400], with an average hydrogen cost of [2.18 yuan/m³]

In north China, the methanol transaction range was [2,130-2,210], with an average hydrogen cost of [2.02 yuan/m³]

In south China, the methanol transaction range was [2,430-2,460], with an average hydrogen cost of [1.79 yuan/m³]

In north-west China, the methanol transaction range was [1,645-2,100], with an average hydrogen cost of [1.42 yuan/m³]

In south-west China, the methanol transaction range was [2,080-2,310], with an average hydrogen cost of [1.63 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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