[ SMM Hydrogen Cost Daily Review ] 20251210

I. Coal-to-Hydrogen

Shandong coke transaction range [1720-1720], average hydrogen cost [1.60 yuan/m³]

Hebei coke transaction range [1400-1400], average hydrogen cost [1.39 yuan/m³]

Shanxi coke transaction range [920-920], average hydrogen cost [0.99 yuan/m³]

Henan coke transaction range [1020-1020], average hydrogen cost [1.08 yuan/m³]

II. Natural Gas-to-Hydrogen

Guangdong East China natural gas transaction range [4330-4340], average hydrogen cost [2.08 yuan/m³]

Guangxi natural gas transaction range [4200-4510], average hydrogen cost [2.07 yuan/m³]

Shanxi natural gas transaction range [3900-4140], average hydrogen cost [1.94 yuan/m³]

Hebei natural gas transaction range [4028-4340], average hydrogen cost [2.04 yuan/m³]

Shandong natural gas transaction range [4330-4520], average hydrogen cost [1.91 yuan/m³]

Pearl River Delta natural gas transaction range [4340-4370], average hydrogen cost [1.89 yuan/m³]

Hubei natural gas transaction range [4090-4280], average hydrogen cost [1.82 yuan/m³]

Henan natural gas transaction range [4150-4300], average hydrogen cost [1.83 yuan/m³]

Guizhou natural gas transaction range [4130-4310], average hydrogen cost [1.83 yuan/m³]

Sichuan natural gas transaction range [3900-4270], average hydrogen cost [1.78 yuan/m³]

Zhejiang natural gas transaction range [4300-4620], average hydrogen cost [1.93 yuan/m³]

Inner Mongolia natural gas transaction range [4330-4230], average hydrogen cost [1.79 yuan/m³]

Heilongjiang natural gas transaction range [4340-4520], average hydrogen cost [1.91 yuan/m³]

III. Propane-to-Hydrogen

Northeast propylene oxide transaction range [3990-4480], average hydrogen cost [2.57 yuan/m³]

East China propylene oxide transaction range [4580-4660], average hydrogen cost [2.76 yuan/m³]

Shandong propylene oxide transaction range [4610-4810], average hydrogen cost [2.82 yuan/m³]

South China propylene oxide transaction range [4580-4690], average hydrogen cost [2.77 yuan/m³]

IV. Methanol-based hydrogen production

Northeast methanol transaction range [2230-2230], average hydrogen cost [2.09 yuan/m³]

East China methanol transaction range [2095-2310], average hydrogen cost [2.08 yuan/m³]

Central China methanol transaction range [2120-2270], average hydrogen cost [2.1 yuan/m³]

North China methanol transaction range [2030-2190], average hydrogen cost [1.98 yuan/m³]

South China methanol transaction range [2060-2080], average hydrogen cost [1.55 yuan/m³]

Northwest China methanol transaction range [1560-2090], average hydrogen cost [1.39 yuan/m³]

Southwest China methanol transaction range [2020-2260], average hydrogen cost [1.59 yuan/m³]