[SMM Hydrogen Cost Daily Review] 20251229

I. Coal-to-Hydrogen

The transaction range for coke in Shandong was [1,720-1,720], and the average hydrogen cost was [1.6 yuan/m³].

The transaction range for coke in Hebei was [1,430-1,430], and the average hydrogen cost was [1.37 yuan/m³].

The transaction range for coke in Shanxi was [950-950], and the average hydrogen cost was [0.99 yuan/m³].

The transaction range for coke in Henan was [1,020-1,020], and the average hydrogen cost was [1.07 yuan/m³].

II. Natural Gas-to-Hydrogen

The transaction range for natural gas in East Guangdong was [4,130-4,160], and the average hydrogen cost was [2 yuan/m³].

The transaction range for natural gas in Guangxi was [4,360-4,710], and the average hydrogen cost was [2.15 yuan/m³].

The transaction range for natural gas in Shanxi was [3,390-3,830], and the average hydrogen cost was [1.78 yuan/m³].

The transaction range for natural gas in Hebei was [3,530-3,855], and the average hydrogen cost was [1.84 yuan/m³].

The transaction range for natural gas in Shandong was [3,720-3,970], and the average hydrogen cost was [1.68 yuan/m³].

The transaction range for natural gas in the Pearl River Delta was [4,150-4,150], and the average hydrogen cost was [1.8 yuan/m³].

The transaction range for natural gas in Hubei was [3,910-4,160], and the average hydrogen cost was [1.76 yuan/m³].

The transaction range for natural gas in Henan was [3,690-3,990], and the average hydrogen cost was [1.68 yuan/m³].

The transaction range for natural gas in Guizhou was [3,960-4,230], and the average hydrogen cost was [1.78 yuan/m³].

The transaction range for natural gas in Sichuan was [3,390-4,120], and the average hydrogen cost was [1.69 yuan/m³].

The transaction range for natural gas in Zhejiang was [4,010-4,530], and the average hydrogen cost was [1.85 yuan/m³].

The transaction range for natural gas in Inner Mongolia was [3,720-3,800], and the average hydrogen cost was [1.57 yuan/m³].

The transaction range for natural gas in Heilongjiang was [4,150-4,300], and the average hydrogen cost was [1.83 yuan/m³].

III. Propane-to-Hydrogen

The transaction range for propylene oxide in Northeast China was [4,030-4,450], and the average hydrogen cost was [2.57 yuan/m³].

The transaction range for propylene oxide in East China was [4,590-4,690], and the average hydrogen cost was [2.77 yuan/m³].

The transaction range for propylene oxide in Shandong was [4,600-4,880], and the average hydrogen cost was [2.84 yuan/m³].

The transaction range for propylene oxide in South China was [4,580-4,680], and the average hydrogen cost was [2.76 yuan/m³].

IV. Hydrogen Production from Methanol

In northeast China, the methanol transaction range was [2,220-2,240], and the average hydrogen cost was [2.09 yuan/m³].

In east China, the methanol transaction range was [2,150-2,260], and the average hydrogen cost was [2.08 yuan/m³].

In central China, the methanol transaction range was [2,090-2,250], and the average hydrogen cost was [2.08 yuan/m³].

In north China, the methanol transaction range was [2,000-2,140], and the average hydrogen cost was [1.95 yuan/m³].

In south China, the methanol transaction range was [2,150-2,180], and the average hydrogen cost was [1.61 yuan/m³].

In northwest China, the methanol transaction range was [1,490-2,080], and the average hydrogen cost was [1.37 yuan/m³].

In southwest China, the methanol transaction range was [1,970-2,270], and the average hydrogen cost was [1.58 yuan/m³].