Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

19 SEPTEMBER 2022 AL CIRCLE

Average daily volumes of aluminium futures surged 359% in Q3: CME Group Inc.

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

CME Group Inc., a futures exchange operator, said on 16^th September 2022 that aluminium futures volumes soared 359% in Q3 to date from Q1 and topped 6,709 contracts in the fourth quarter.

Average daily volumes of aluminium futures surged 359% in Q3

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A futures contract for aluminium is a standardized, exchange-traded contract in which the contract buyer agrees to take delivery of aluminium at a predetermined price from the seller on a future delivery date.

CME Group Inc. is an American global markets company. It is the world's largest financial derivatives exchange and trades in asset classes that include agricultural products, currencies, energy, interest rates, metals, stock indexes and cryptocurrencies futures.

The CME stated, "The top 25 aluminium futures volume days have all occurred since April, with nearly 150 new accounts trading since May."

The LME aluminium price attained a record high of $4,073.50 a tonne in early March due to supply insufficiency caused by Ukraine-Russia geopolitical crisis. However, prices have fallen by more than 40% since then.

Young-Jin Chang, The Global head of Metals at CME Group, said, "We have seen an increase in demand from aluminium participants to enhance liquidity and create a more robust alternative market."

Chang added, "The daily volume of CME's aluminium futures averaged about 3,700 contracts in September, with open interest around 1,000 contracts."

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