[SMM Hydrogen Cost] 20260610

Published: Jun 10, 2026 09:46

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I. Coal-to-Hydrogen

Shandong anthracite transaction range [1,730-1,830], hydrogen cost average price at [1.78 yuan/m³]

Shanxi anthracite transaction range [1,040-1,040], hydrogen cost average price at [1.17 yuan/m³]

Hebei anthracite transaction range [1,520-1,520], hydrogen cost average price at [1.61 yuan/m³]

Henan anthracite transaction range [1,030-1,130], hydrogen cost average price at [1.25 yuan/m³]

II. Natural Gas-to-Hydrogen

Pearl River Delta natural gas transaction range [6,600-6,620], hydrogen cost average price at [3.04 yuan/m³]

Zhejiang natural gas transaction range [6,520-6,800], hydrogen cost average price at [3.04 yuan/m³]

Guangxi natural gas transaction range [6,630-7,020], hydrogen cost average price at [3.08 yuan/m³]

Eastern Guangdong natural gas transaction range [6,600-6,620], hydrogen cost average price at [3.01 yuan/m³]

Henan natural gas transaction range [6,200-6,420], hydrogen cost average price at [2.93 yuan/m³]

Hebei natural gas transaction range [6,170-6,510], hydrogen cost average price at [2.92 yuan/m³]

Hubei natural gas transaction range [6,520-6,770], hydrogen cost average price at [3.05 yuan/m³]

Guizhou natural gas transaction range [6,380-6,740], hydrogen cost average price at [3 yuan/m³]

Sichuan natural gas transaction range [6,415-6,660], hydrogen cost average price at [3.02 yuan/m³]

Shanxi natural gas transaction range [6,010-6,300], hydrogen cost average price at [2.82 yuan/m³]

Shandong natural gas transaction range [6,295-6,500], hydrogen cost average price at [2.96 yuan/m³]

Heilongjiang natural gas transaction range [6,170-6,440], hydrogen cost average price at [2.89 yuan/m³]

Inner Mongolia natural gas transaction range [6,200-6,380], hydrogen cost average price at [2.84 yuan/m³]

III. Propane-to-Hydrogen

South China propylene oxide transaction range [6,970-7,050], hydrogen cost average price at [3.95 yuan/m³]

East China propylene oxide transaction range [6,620-6,960], hydrogen cost average price at [3.84 yuan/m³]

Northeast China propylene oxide transaction range [6,140-6,450], hydrogen cost average price at [3.59 yuan/m³]

Shandong propylene oxide transaction range [6,760-6,860], hydrogen cost average price at [3.87 yuan/m³]

IV. Methanol-to-Hydrogen

East China methanol transaction range [3,010-3,330], hydrogen cost average price at [2.69 yuan/m³]

Central China methanol transaction range [2,950-3,250], hydrogen cost average price at [2.68 yuan/m³]

North China methanol transaction range [2,780-2,940], hydrogen cost average price at [2.46 yuan/m³]

South China methanol transaction range [3,350-3,450], hydrogen cost average price at [2.83 yuan/m³]

Northwest China methanol transaction range [2,450-2,950], hydrogen cost average price at [2.34 yuan/m³]

Southwest China methanol transaction range [2,940-3,220], hydrogen cost average price at [2.67 yuan/m³]

Northeast China methanol transaction range [3,110-3,130], hydrogen cost average price at [2.65 yuan/m³]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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