[SMM Hydrogen Cost Daily Review] 20251027

I. Coal-Based Hydrogen Production

In Shandong, the anthracite transaction range was [1,640-1,640], and the average hydrogen cost was [1.54 yuan/m³].

In Hebei, the anthracite transaction range was [1,380-1,380], and the average hydrogen cost was [1.41 yuan/m³].

In Shanxi, the anthracite transaction range was [900-900], and the average hydrogen cost was [0.97 yuan/m³].

In Henan, the anthracite transaction range was [940-940], and the average hydrogen cost was [1.04 yuan/m³].

II. Natural Gas-Based Hydrogen Production

In eastern Guangdong, the natural gas transaction range was [4,190-4,220], and the average hydrogen cost was [2.03 yuan/m³].

In Guangxi, the natural gas transaction range was [4,170-4,420], and the average hydrogen cost was [2.05 yuan/m³].

In Shanxi, the natural gas transaction range was [4,490-4,560], and the average hydrogen cost was [2.15 yuan/m³].

In Hebei, the natural gas transaction range was [4,260-4,615], and the average hydrogen cost was [2.14 yuan/m³].

In Shandong, the natural gas transaction range was [4,610-4,680], and the average hydrogen cost was [2.00 yuan/m³].

In the Pearl River Delta, the natural gas transaction range was [4,220-4,220], and the average hydrogen cost was [1.83 yuan/m³].

In Hubei, the natural gas transaction range was [4,640-4,960], and the average hydrogen cost was [2.07 yuan/m³].

In Henan, the natural gas transaction range was [4,500-4,690], and the average hydrogen cost was [1.98 yuan/m³].

In Guizhou, the natural gas transaction range was [4,610-4,880], and the average hydrogen cost was [2.05 yuan/m³].

In Sichuan, the natural gas transaction range was [4,310-4,780], and the average hydrogen cost was [1.96 yuan/m³].

In Zhejiang, the natural gas transaction range was [4,350-4,660], and the average hydrogen cost was [1.95 yuan/m³].

In Inner Mongolia, the natural gas transaction range was [4,110-4,370], and the average hydrogen cost was [1.84 yuan/m³].

In Heilongjiang, the natural gas transaction range was [4,280-4,540], and the average hydrogen cost was [1.91 yuan/m³].

III. Propane-Based Hydrogen Production

In northeast China, the propane transaction range was [4,120-4,660], and the average hydrogen cost was [2.65 yuan/m³].

In east China, the propane transaction range was [4,540-4,620], and the average hydrogen cost was [2.74 yuan/m³].

In Shandong, the propane transaction range was [4,510-4,780], and the average hydrogen cost was [2.79 yuan/m³].

In south China, the propane transaction range was [4,570-4,600], and the average hydrogen cost was [2.74 yuan/m³].

IV. Hydrogen Production from Methanol

In northeast China, the methanol transaction range was [2,420-2,420], and the average hydrogen cost was [2.21 yuan/m³].

In east China, the methanol transaction range was [2,240-2,350], and the average hydrogen cost was [2.13 yuan/m³].

In central China, the methanol transaction range was [2,120-2,370], and the average hydrogen cost was [2.13 yuan/m³].

In north China, the methanol transaction range was [2,100-2,260], and the average hydrogen cost was [2.02 yuan/m³].

In south China, the methanol transaction range was [2,240-2,260], and the average hydrogen cost was [1.66 yuan/m³].

In northwest China, the methanol transaction range was [1,990-2,090], and the average hydrogen cost was [1.53 yuan/m³].

In southwest China, the methanol transaction range was [2,030-2,300], and the average hydrogen cost was [1.61 yuan/m³].