






I. Coal-Based Hydrogen Production
The transaction range of Shandong anthracite was [1,610-1,610], with an average hydrogen cost of [1.6 yuan/m³].
The transaction range of Hebei anthracite was [1,300-1,300], with an average hydrogen cost of [1.45 yuan/m³].
The transaction range of Shanxi anthracite was [900-900], with an average hydrogen cost of [1.04 yuan/m³].
The transaction range of Henan anthracite was [910-910], with an average hydrogen cost of [1.11 yuan/m³].
II. Natural Gas-Based Hydrogen Production
The transaction range of natural gas in eastern Guangdong was [4,910-4,910], with an average hydrogen cost of [2.32 yuan/m³].
The transaction range of Guangxi natural gas was [4,610-4,860], with an average hydrogen cost of [2.23 yuan/m³].
The transaction range of Shanxi natural gas was [4,180-4,500], with an average hydrogen cost of [2.08 yuan/m³].
The transaction range of Hebei natural gas was [4,350-4,575], with an average hydrogen cost of [2.15 yuan/m³].
The transaction range of Shandong natural gas was [4,520-4,670], with an average hydrogen cost of [1.98 yuan/m³].
The transaction range of Pearl River Delta natural gas was [4,890-4,920], with an average hydrogen cost of [2.11 yuan/m³].
The transaction range of Hubei natural gas was [4,440-4,760], with an average hydrogen cost of [1.99 yuan/m³].
The transaction range of Henan natural gas was [4,330-4,510], with an average hydrogen cost of [1.91 yuan/m³].
The transaction range of Guizhou natural gas was [4,370-4,710], with an average hydrogen cost of [1.96 yuan/m³].
The transaction range of Sichuan natural gas was [4,463-4,646], with an average hydrogen cost of [1.95 yuan/m³].
The transaction range of Zhejiang natural gas was [4,530-4,730], with an average hydrogen cost of [2 yuan/m³].
The transaction range of Inner Mongolia natural gas was [4,270-4,440], with an average hydrogen cost of [1.89 yuan/m³].
The transaction range of Heilongjiang natural gas was [4,400-4,710], with an average hydrogen cost of [1.97 yuan/m³].
III. Propane-Based Hydrogen Production
The transaction range of propane in north-east China was [4,200-4,630], with an average hydrogen cost of [2.66 yuan/m³].
The transaction range of east China propane was [4,460-4,660], with an average hydrogen cost of [2.73 yuan/m³].
The transaction range of Shandong propane was [4,550-4,870], with an average hydrogen cost of [2.82 yuan/m³].
The transaction range of south China propane was [4,650-4,720], with an average hydrogen cost of [2.79 yuan/m³].
IV. Hydrogen Production from Methanol
In north-east China, the methanol transaction range was [2,310-2,630 yuan], with an average hydrogen cost of [2.24 yuan/m³]
In east China, the methanol transaction range was [2,330-2,560 yuan], with an average hydrogen cost of [2.23 yuan/m³]
In central China, the methanol transaction range was [2,230-2,410 yuan], with an average hydrogen cost of [2.18 yuan/m³]
In north China, the methanol transaction range was [2,140-2,270 yuan], with an average hydrogen cost of [2.04 yuan/m³]
In south China, the methanol transaction range was [2,460-2,530 yuan], with an average hydrogen cost of [1.82 yuan/m³]
In north-west China, the methanol transaction range was [1,645-2,140 yuan], with an average hydrogen cost of [1.43 yuan/m³]
In south-west China, the methanol transaction range was [2,080-2,350 yuan], with an average hydrogen cost of [1.64 yuan/m³]
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn