[SMM Hydrogen Cost Daily Review] 20251218

I. Coal-to-Hydrogen

Shandong coke transaction range [1720-1720], average hydrogen cost [1.6 yuan/m³]

Hebei coke transaction range [1400-1400], average hydrogen cost [1.4 yuan/m³]

Shanxi coke transaction range [920-920], average hydrogen cost [1 yuan/m³]

Henan coke transaction range [1020-1020], average hydrogen cost [1.07 yuan/m³]

II. Natural Gas-to-Hydrogen

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

Guangxi natural gas transaction range [3960-4180], average hydrogen cost [1.96 yuan/m³]

Shanxi natural gas transaction range [3700-3950], average hydrogen cost [1.87 yuan/m³]

Hebei natural gas transaction range [3832-4055], average hydrogen cost [1.94 yuan/m³]

Shandong natural gas transaction range [4080-4250], average hydrogen cost [1.81 yuan/m³]

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

Hubei natural gas transaction range [3920-4210], average hydrogen cost [1.77 yuan/m³]

Henan natural gas transaction range [3980-4200], average hydrogen cost [1.78 yuan/m³]

Guizhou natural gas transaction range [4030-4180], average hydrogen cost [1.78 yuan/m³]

Sichuan natural gas transaction range [3700-4115], average hydrogen cost [1.72 yuan/m³]

Zhejiang natural gas transaction range [4180-4550], average hydrogen cost [1.89 yuan/m³]

Inner Mongolia natural gas transaction range [4080-4020], average hydrogen cost [1.68 yuan/m³]

Heilongjiang natural gas transaction range [4340-4300], average hydrogen cost [1.83 yuan/m³]

III. Propane-to-Hydrogen

Northeast propylene oxide transaction range [4040-4500], average hydrogen cost [2.59 yuan/m³]

East China propylene oxide transaction range [4590-4680], average hydrogen cost [2.77 yuan/m³]

Shandong propylene oxide transaction range [4640-4870], average hydrogen cost [2.85 yuan/m³]

South China propylene oxide transaction range [4630-4720], average hydrogen cost [2.79 yuan/m³]

IV. Methanol-to-hydrogen

Northeast methanol transaction range [2,230-2,250], average hydrogen cost [2.09 yuan/m³]

East China methanol transaction range [2,165-2,340], average hydrogen cost [2.11 yuan/m³]

Central China methanol transaction range [2,150-2,290], average hydrogen cost [2.12 yuan/m³]

North China methanol transaction range [2,050-2,180], average hydrogen cost [1.98 yuan/m³]

South China methanol transaction range [2,110-2,140], average hydrogen cost [1.58 yuan/m³]

Northwest China methanol transaction range [1,920-2,080], average hydrogen cost [1.50 yuan/m³]

Southwest China methanol transaction range [1,910-2,260], average hydrogen cost [1.56 yuan/m³]