[SMM hydrogen cost daily review] 20250723

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]