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SMM Hydrogen Cost Daily Review: April 17, 2025

  • Apr 25, 2025, at 10:24 am

I. Coal-to-Hydrogen

The transaction range of coke in Shandong was 1,230-1,230, with an increase of 2.93%, and the average hydrogen cost was 1.24 yuan/m³.

The transaction range of coke in Hebei was 1,290-1,380, with an increase of 3.89%, and the average hydrogen cost was 1.32 yuan/m³.

The transaction range of coke in Shanxi was 1,420-1,610, with an increase of 3.06%, and the average hydrogen cost was 1.44 yuan/m³.

The transaction range of coke in Henan was 1,460-1,470, with an increase of 5.02%, and the average hydrogen cost was 1.41 yuan/m³.

 

II. Natural Gas-to-Hydrogen

The transaction range of natural gas in eastern Guangdong was 4,910-4,910, and the average hydrogen cost was 2.32 yuan/m³.

The transaction range of natural gas in Guangxi was 4,700-4,910, and the average hydrogen cost was 2.26 yuan/m³.

The transaction range of natural gas in Shanxi was 4,320-4,500, with a decrease of 0.11%, and the average hydrogen cost was 2.10 yuan/m³.

The transaction range of natural gas in Hebei was 4,478-4,770, and the average hydrogen cost was 2.22 yuan/m³.

The transaction range of natural gas in Shandong was 4,620-4,790, and the average hydrogen cost was 2.27 yuan/m³.

The transaction range of natural gas in the Pearl River Delta was 4,890-4,920, and the average hydrogen cost was 2.11 yuan/m³.

The transaction range of natural gas in Hubei was 4,690-5,030, and the average hydrogen cost was 2.09 yuan/m³.

The transaction range of natural gas in Henan was 4,570-4,720, and the average hydrogen cost was 2.00 yuan/m³.

The transaction range of natural gas in Guizhou was 4,630-4,910, with a decrease of 0.1%, and the average hydrogen cost was 2.06 yuan/m³.

The transaction range of natural gas in Sichuan was 4,640-4,790, with a decrease of 0.63%, and the average hydrogen cost was 2.03 yuan/m³.

The transaction range of natural gas in Zhejiang was 4,530-4,850, and the average hydrogen cost was 2.02 yuan/m³.

The transaction range of natural gas in Inner Mongolia was 4,410-4,760, and the average hydrogen cost was 1.98 yuan/m³.

The transaction range of natural gas in Heilongjiang was 4,670-4,870, and the average hydrogen cost was 2.06 yuan/m³.

 

III. Propane-to-Hydrogen

The transaction range of propylene oxide in north-east China was 7,540-7,610, and the average hydrogen cost was 4.23 yuan/m³.

The transaction range of propylene oxide in east China was 7,500-7,570, with a decrease of 0.26%, and the average hydrogen cost was 4.21 yuan/m³.

The transaction range of propylene oxide in Shandong was 7,250-7,280, and the average hydrogen cost was 4.10 yuan/m³.

The transaction range of propylene oxide in south China was 8,100-8,120, and the average hydrogen cost was 4.50 yuan/m³.

 

IV. Methanol-to-Hydrogen

The transaction range of methanol in north-east China was 2,610-2,630, with an increase of 3.15%, and the average hydrogen cost was 2.33 yuan/m³.

The transaction range of methanol in east China was 2,455-2,610, with a decrease of 0.59%, and the average hydrogen cost was 2.29 yuan/m³.

The transaction range of methanol in central China was 2,430-2,630, and the average hydrogen cost was 2.32 yuan/m³.

The transaction range of methanol in north China was 2,370-2,490, with a decrease of 2.61%, and the average hydrogen cost was 2.18 yuan/m³.

The transaction range of methanol in south China was 2,480-2,480, with a decrease of 0.4%, and the average hydrogen cost was 2.24 yuan/m³.

The transaction range of methanol in north-west China was 1,750-2,260, with an increase of 0.25%, and the average hydrogen cost was 1.51 yuan/m³.

The transaction range of methanol in south-west China was 2,275-2,620, with a decrease of 0.2%, and the average hydrogen cost was 1.79 yuan/m³.

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