[SMM Hydrogen Cost Daily Review] 20251031

I. Coal-Based Hydrogen Production

The transaction range for anthracite in Shandong was [1,640-1,640], with an average hydrogen cost of [1.55 yuan/m³].

The transaction range for anthracite in Hebei was [1,380-1,380], with an average hydrogen cost of [1.41 yuan/m³].

The transaction range for anthracite in Shanxi was [900-900], with an average hydrogen cost of [0.97 yuan/m³].

The transaction range for anthracite in Henan was [940-940], with an average hydrogen cost of [1.04 yuan/m³].

II. Natural Gas-Based Hydrogen Production

The transaction range for natural gas in eastern Guangdong was [4,330-4,340], with an average hydrogen cost of [2.08 yuan/m³].

The transaction range for natural gas in Guangxi was [4,240-4,480], with an average hydrogen cost of [2.08 yuan/m³].

The transaction range for natural gas in Shanxi was [4,440-4,530], with an average hydrogen cost of [2.13 yuan/m³].

The transaction range for natural gas in Hebei was [4,458-4,730], with an average hydrogen cost of [2.20 yuan/m³].

The transaction range for natural gas in Shandong was [4,610-4,680], with an average hydrogen cost of [2.00 yuan/m³].

The transaction range for natural gas in the Pearl River Delta was [4,340-4,370], with an average hydrogen cost of [1.89 yuan/m³].

The transaction range for natural gas in Hubei was [4,640-4,920], with an average hydrogen cost of [2.06 yuan/m³].

The transaction range for natural gas in Henan was [4,500-4,670], with an average hydrogen cost of [1.98 yuan/m³].

The transaction range for natural gas in Guizhou was [4,600-4,950], with an average hydrogen cost of [2.06 yuan/m³].

The transaction range for natural gas in Sichuan was [4,414-4,820], with an average hydrogen cost of [1.99 yuan/m³].

The transaction range for natural gas in Zhejiang was [4,450-4,700], with an average hydrogen cost of [1.98 yuan/m³].

The transaction range for natural gas in Inner Mongolia was [4,390-4,720], with an average hydrogen cost of [1.97 yuan/m³].

The transaction range for natural gas in Heilongjiang was [4,280-4,540], with an average hydrogen cost of [1.91 yuan/m³].

III. Propane-Based Hydrogen Production

The transaction range for propane in the northeast was [4,100-4,580], with an average hydrogen cost of [2.62 yuan/m³].

The transaction range for propane in east China was [4,480-4,540], with an average hydrogen cost of [2.71 yuan/m³].

The transaction range for propane in Shandong was [4,510-4,710], with an average hydrogen cost of [2.77 yuan/m³].

The transaction range for propane in the south was [4,570-4,600], with an average hydrogen cost of [2.74 yuan/m³].

IV. Hydrogen Production from Methanol

In northeast China, the methanol transaction range was [2,400-2,440 yuan], and the average hydrogen cost was [2.21 yuan/m³].

In east China, the methanol transaction range was [2,180-2,310 yuan], and the average hydrogen cost was [2.1 yuan/m³].

In central China, the methanol transaction range was [2,100-2,390 yuan], and the average hydrogen cost was [2.13 yuan/m³].

In north China, the methanol transaction range was [2,060-2,255 yuan], and the average hydrogen cost was [2.01 yuan/m³].

In south China, the methanol transaction range was [2,180-2,190 yuan], and the average hydrogen cost was [1.65 yuan/m³].

In northwest China, the methanol transaction range was [1,610-2,080 yuan], and the average hydrogen cost was [1.41 yuan/m³].

In southwest China, the methanol transaction range was [2,010-2,290 yuan], and the average hydrogen cost was [1.6 yuan/m³].