Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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.

14 JUNE 2021 AL CIRCLE

China plans to release about 900,000 tonnes of primary aluminium from state reserves to ease price rally

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to a report last week, China is preparing to release 800,000-900,000 tonnes of primary aluminium from its state reserves in early July to ease the incessant hike of the metal price. The news came after consultancy CRU said in a note to clients.

China plans to release up to 900,000 tonnes of primary aluminium from state reserves to ease price rally

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Shanghai primary aluminium price is presently up by almost 20 per cent in 2021 amid a strong rebound in demand from the COVID-19 outbreak. It touched a decade high of RMB 20,435 per tonne on May 10.

The amount of metal that China is considering to release is higher than 500,000 tonnes that once China planned to release some point this year. However, 900,000 tonnes is only one-quarter of China’s recent monthly production levels.

“The stock releases could […] offset some of the shortages caused by imposed curtailments in Yunnan and Inner Mongolia. CRU estimates (state) aluminium stocks are 777,000 tonnes, so this is a surprisingly high number to us,” read the CRU report dated June 9, 2021.

The National Food and Strategic Reserves Administration is seeking to sell off the aluminium in several batches from July, added CRU. However, the administration did not immediately respond to the comment request.

China produced 3.32 million tonnes of primary aluminium in May. Drought in the smelting hub of Yunnan reduced hydropower supply, meaning aluminium producers had to cut electricity consumption and metal output.

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