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[SMM Hydrogen Cost Daily Review] 20250922

  • Sep 23, 2025, at 10:33 am

I. Coal-Based Hydrogen Production

Shandong anthracite transaction range [1,640-1,640], average hydrogen cost [1.56 yuan/m³]

Hebei anthracite transaction range [1,380-1,380], average hydrogen cost [1.5 yuan/m³]

Shanxi anthracite transaction range [900-900], average hydrogen cost [1.05 yuan/m³]

Henan anthracite transaction range [940-940], average hydrogen cost [1.04 yuan/m³]

II. Natural Gas-Based Hydrogen Production

Guangdong East natural gas transaction range [4,090-4,100], average hydrogen cost [1.98 yuan/m³]

Guangxi natural gas transaction range [3,950-4,290], average hydrogen cost [1.98 yuan/m³]

Shanxi natural gas transaction range [3,820-3,890], average hydrogen cost [1.88 yuan/m³]

Hebei natural gas transaction range [3,858-4,095], average hydrogen cost [1.95 yuan/m³]

Shandong natural gas transaction range [4,010-4,230], average hydrogen cost [1.79 yuan/m³]

Pearl River Delta natural gas transaction range [4,110-4,120], average hydrogen cost [1.79 yuan/m³]

Hubei natural gas transaction range [3,980-4,210], average hydrogen cost [1.78 yuan/m³]

Henan natural gas transaction range [3,890-4,060], average hydrogen cost [1.73 yuan/m³]

Guizhou natural gas transaction range [3,970-4,290], average hydrogen cost [1.79 yuan/m³]

Sichuan natural gas transaction range [3,840-4,080], average hydrogen cost [1.73 yuan/m³]

Zhejiang natural gas transaction range [4,070-4,430], average hydrogen cost [1.84 yuan/m³]

Inner Mongolia natural gas transaction range [3,790-4,110], average hydrogen cost [1.72 yuan/m³]

Heilongjiang natural gas transaction range [4,180-4,480], average hydrogen cost [1.88 yuan/m³]

III. Propane-Based Hydrogen Production

Northeast propane transaction range [4,870-4,880], average hydrogen cost [2.89 yuan/m³]

East China propane transaction range [4,500-4,870], average hydrogen cost [2.79 yuan/m³]

Shandong propane transaction range [4,800-5,100], average hydrogen cost [2.94 yuan/m³]

South China propane transaction range [4,750-4,790], average hydrogen cost [2.83 yuan/m³]

IV. Hydrogen Production from Methanol

In Northeast China, the methanol transaction range was [2,390-2,410], and the average hydrogen cost was [2.19 yuan/m³].

In East China, the methanol transaction range was [2,285-2,450], and the average hydrogen cost was [2.18 yuan/m³].

In Central China, the methanol transaction range was [2,250-2,410], and the average hydrogen cost was [2.19 yuan/m³].

In North China, the methanol transaction range was [2,200-2,300], and the average hydrogen cost was [2.07 yuan/m³].

In South China, the methanol transaction range was [2,295-2,315], and the average hydrogen cost was [2.13 yuan/m³].

In Northwest China, the methanol transaction range was [1,730-2,150], and the average hydrogen cost was [1.85 yuan/m³].

In Southwest China, the methanol transaction range was [2,140-2,370], and the average hydrogen cost was [2.15 yuan/m³].

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