[SMM hydrogen cost daily review] 20250821

I. Coal-Based Hydrogen Production

Shandong anthracite transaction range [1,640-1,640], average hydrogen cost [1.62 yuan/m³]

Hebei anthracite transaction range [1,380-1,380], average hydrogen cost [1.44 yuan/m³]

Shanxi anthracite transaction range [900-900], average hydrogen cost [1.08 yuan/m³]

Henan anthracite transaction range [940-940], average hydrogen cost [1.1 yuan/m³]

II. Natural Gas-Based Hydrogen Production

Guangdong Yuedong natural gas transaction range [4,090-4,100], average hydrogen cost [1.98 yuan/m³]

Guangxi natural gas transaction range [4,090-4,280], average hydrogen cost [2 yuan/m³]

Shanxi natural gas transaction range [3,690-4,170], average hydrogen cost [1.91 yuan/m³]

Hebei natural gas transaction range [3,770-4,070], average hydrogen cost [1.93 yuan/m³]

Shandong natural gas transaction range [4,010-4,400], average hydrogen cost [1.83 yuan/m³]

Pearl River Delta natural gas transaction range [4,110-4,120], average hydrogen cost [1.79 yuan/m³]

Hubei natural gas transaction range [4,260-4,460], average hydrogen cost [1.89 yuan/m³]

Henan natural gas transaction range [4,100-4,260], average hydrogen cost [1.82 yuan/m³]

Guizhou natural gas transaction range [4,260-4,680], average hydrogen cost [1.93 yuan/m³]

Sichuan natural gas transaction range [4,150-4,390], average hydrogen cost [1.85 yuan/m³]

Zhejiang natural gas transaction range [4,190-4,520], average hydrogen cost [1.89 yuan/m³]

Inner Mongolia natural gas transaction range [3,920-4,090], average hydrogen cost [1.74 yuan/m³]

Heilongjiang natural gas transaction range [4,400-4,710], average hydrogen cost [1.97 yuan/m³]

III. Propane-Based Hydrogen Production

Northeast propane transaction range [4,200-4,560], average hydrogen cost [2.64 yuan/m³]

East China propane transaction range [4,390-4,610], average hydrogen cost [2.7 yuan/m³]

Shandong propane transaction range [4,510-4,850], average hydrogen cost [2.81 yuan/m³]

South China propane transaction range [4,580-4,620], average hydrogen cost [2.75 yuan/m³]

IV. Hydrogen Production from Methanol

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

In east China, the methanol transaction range was [2,300-2,420], and the average hydrogen cost was [2.18 yuan/m³]

In central China, the methanol transaction range was [2,230-2,440], and the average hydrogen cost was [2.19 yuan/m³]

In north China, the methanol transaction range was [2,170-2,290], and the average hydrogen cost was [2.1 yuan/m³]

In south China, the methanol transaction range was [2,295-2,310], and the average hydrogen cost was [1.7 yuan/m³]

In northwest China, the methanol transaction range was [2,070-2,165], and the average hydrogen cost was [1.45 yuan/m³]

In southwest China, the methanol transaction range was [2,080-2,310], and the average hydrogen cost was [1.63 yuan/m³]