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.

26 MARCH 2021 AL CIRCLE

China plans to sell aluminium from its state reserves to curb price hike: Source

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

China is reportedly mulling to sell nearly 500,000 tonnes of aluminium from state reserves, in an attempt to calm the market and meet the Asian nation’s carbon emissions objectives, according to a person familiar with the plan.

Selling off some of the highly carbon-intensive aluminium stocks is expected to help China offset production losses caused by its commitment to limiting energy usage as the country plans to achieve a carbon-neutral economy by 2060.

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China plans to sell aluminium from state reserves to curb price hike: Source

However, going ahead, China’s aluminium selling plans, including the volume to be released, could be subject to change, said the person. According to the person, Beijing is keen to prevent the price hike of aluminium, one of the most widely used metals in goods like window frames, car parts, beverage can packaging, and so forth.

A report on China’s plans to sell aluminium from its reserves sank prices on Tuesday, March 23, but is still up by 13 per cent this year, driven by apprehensions for reduced availability of aluminium.

In early March, Shanghai aluminium prices reached a decade high after Inner Mongolia warned to stop approving new projects following a rebuke from Beijing for failing to control its energy consumption.

China previously sold aluminium from its reserves in 2010, when production cuts for energy-savings tightened supplies.

Commenting on the recent plan of releasing stocks, Alcoa’s CEO Roy Harvey said: “Signs that China is taking meaningful steps to rein in aluminum production are a 'game changer' for the long-term outlook after years of gluts in the industry.”

Harvey has projected that China’s aluminium inventories will come down due to strong demand recovery across China and the rest of the world, combined with limited chances of new projects coming online.

China is by far the world’s dominant supplier of aluminium. The country’s primary aluminium output totalled 37 million tonnes last year, and production in the first two months of this year rose to record levels.

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