[SMM Hydrogen Cost Daily Review] 20250819

I. Coal-Based Hydrogen Production

The transaction range for Shandong anthracite was [1,640-1,640], and the average hydrogen cost was [1.62 yuan/m³].

The transaction range for Hebei anthracite was [1,380-1,380], and the average hydrogen cost was [1.44 yuan/m³].

The transaction range for Shanxi anthracite was [900-900], and the average hydrogen cost was [1.08 yuan/m³].

The transaction range for Henan anthracite was [940-940], and the average hydrogen cost was [1.1 yuan/m³].

II. Natural Gas-Based Hydrogen Production

The transaction range for natural gas in eastern Guangdong was [4,190-4,200], and the average hydrogen cost was [2.03 yuan/m³].

The transaction range for natural gas in Guangxi was [4,230-4,400], and the average hydrogen cost was [2.06 yuan/m³].

The transaction range for natural gas in Shanxi was [3,800-4,270], and the average hydrogen cost was [1.95 yuan/m³].

The transaction range for natural gas in Hebei was [3,910-4,130], and the average hydrogen cost was [1.97 yuan/m³].

The transaction range for natural gas in Shandong was [4,010-4,400], and the average hydrogen cost was [1.83 yuan/m³].

The transaction range for natural gas in the Pearl River Delta was [4,190-4,190], and the average hydrogen cost was [1.82 yuan/m³].

The transaction range for natural gas in Hubei was [4,320-4,520], and the average hydrogen cost was [1.91 yuan/m³].

The transaction range for natural gas in Henan was [4,130-4,250], and the average hydrogen cost was [1.82 yuan/m³].

The transaction range for natural gas in Guizhou was [4,060-4,190], and the average hydrogen cost was [1.79 yuan/m³].

The transaction range for natural gas in Sichuan was [4,110-4,410], and the average hydrogen cost was [1.8 yuan/m³].

The transaction range for natural gas in Zhejiang was [4,190-4,520], and the average hydrogen cost was [1.97 yuan/m³].

The transaction range for natural gas in Inner Mongolia was [4,010-4,280], and the average hydrogen cost was [1.8 yuan/m³].

The transaction range for natural gas in Heilongjiang was [4,400-4,710], and the average hydrogen cost was [1.97 yuan/m³].

III. Propane-Based Hydrogen Production

The transaction range for propane in the northeast was [4,170-4,610], and the average hydrogen cost was [2.65 yuan/m³].

The transaction range for propane in east China was [4,410-4,550], and the average hydrogen cost was [2.69 yuan/m³].

The transaction range for propane in Shandong was [4,540-4,830], and the average hydrogen cost was [2.81 yuan/m³].

The transaction range for propane in the south was [4,550-4,580], and the average hydrogen cost was [2.73 yuan/m³].

IV. Hydrogen Production from Methanol

In northeast China, the methanol transaction range was [2,350-2,380 yuan/ton], and the average hydrogen cost was [2.17 yuan/m³]

In east China, the methanol transaction range was [2,290-2,390 yuan/ton], and the average hydrogen cost was [2.16 yuan/m³]

In central China, the methanol transaction range was [2,210-2,440 yuan/ton], and the average hydrogen cost was [2.18 yuan/m³]

In north China, the methanol transaction range was [2,190-2,300 yuan/ton], and the average hydrogen cost was [2.06 yuan/m³]

In south China, the methanol transaction range was [2,280-2,300 yuan/ton], and the average hydrogen cost was [1.69 yuan/m³]

In northwest China, the methanol transaction range was [1,755-2,185 yuan/ton], and the average hydrogen cost was [1.48 yuan/m³]

In southwest China, the methanol transaction range was [2,130-2,370 yuan/ton], and the average hydrogen cost was [1.66 yuan/m³]