[SMM Hydrogen Cost Daily Review] 20260717

Published: Jul 17, 2026 15:22

I. Coal-based Hydrogen

Shandong anthracite transaction range [1930-1930], average hydrogen cost [1.76 yuan/m³]

Hebei anthracite transaction range [1660-1660], average hydrogen cost [1.58 yuan/m³]

Shanxi anthracite transaction range [1180-1180], average hydrogen cost [1.25 yuan/m³]

Henan anthracite transaction range [1230-1230], average hydrogen cost [1.25 yuan/m³]

 

II. Natural Gas-based Hydrogen

Eastern Guangdong natural gas transaction range [6600-6610], average hydrogen cost [3.01 yuan/m³]

Guangxi natural gas transaction range [6120-6570], average hydrogen cost [2.89 yuan/m³]

Shanxi natural gas transaction range [5360-5570], average hydrogen cost [2.53 yuan/m³]

Hebei natural gas transaction range [5518-5965], average hydrogen cost [2.27 yuan/m³]

Shandong natural gas transaction range [5665-6230], average hydrogen cost [2.54 yuan/m³]

Pearl River Delta natural gas transaction range [6590-6600], average hydrogen cost [2.8 yuan/m³]

Hubei natural gas transaction range [5860-6040], average hydrogen cost [2.54 yuan/m³]

Henan natural gas transaction range [5560-5770], average hydrogen cost [2.42 yuan/m³]

Guizhou natural gas transaction range [5830-6030], average hydrogen cost [2.53 yuan/m³]

Sichuan natural gas transaction range [5720-5970], average hydrogen cost [2.49 yuan/m³]

Zhejiang natural gas transaction range [6180-6600], average hydrogen cost [2.72 yuan/m³]

Inner Mongolia natural gas transaction range [5460-5810], average hydrogen cost [2.41 yuan/m³]

Heilongjiang natural gas transaction range [5560-5900], average hydrogen cost [2.45 yuan/m³]

 

III. Propane-based Hydrogen

Northeast propane transaction range [4970-5310], average hydrogen cost [3.02 yuan/m³]

East China propane transaction range [5350-5650], average hydrogen cost [3.2 yuan/m³]

Shandong propane transaction range [5659-5679], average hydrogen cost [3.3 yuan/m³]

South China propane transaction range [5650-5750], average hydrogen cost [3.3 yuan/m³]

IV. Methanol-based Hydrogen

Northeast methanol transaction range [2580-2590], average hydrogen cost [2.31 yuan/m³]

East China methanol transaction range [2510-2760], average hydrogen cost [2.35 yuan/m³]

Central China methanol transaction range [2430-2670], average hydrogen cost [2.33 yuan/m³]

North China methanol transaction range [2330-2370], average hydrogen cost [2.13 yuan/m³]

South China methanol transaction range [2660-2700], average hydrogen cost [1.94 yuan/m³]

Northwest methanol transaction range [1960-2280], average hydrogen cost [1.58 yuan/m³]

Southwest methanol transaction range [2410-2680], average hydrogen cost [1.85 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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[SMM Hydrogen Cost Daily Review] 20260717 - Shanghai Metals Market (SMM)