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.

22 APRIL 2020 AL CIRCLE

China's primary aluminium demand surges by 150,000-200,000 tonnes on weak scrap supply: Antaike

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to Antaike’s report on Wednesday, April 22, China’s primary aluminium demand has surged by an extra 150,000 to 200,000 tonnes over the past one month, owing to aluminium scrap shortage caused by the coronavirus outbreak.

Aluminium scrap supplies have weakened since the end of the Lunar New Year holidays in January. Delay in resuming recycling activity due to the holidays, together with falling imports because of the global COVID19 pandemic, has adversely affected the supplies of scrap, according to the research house.

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Primary aluminium demand in China surges by 150,000-200,000 tonnes on weak scrap supply

“Price spread between aluminium scrap and primary aluminium narrowed obviously, leading to increasing amount of primary aluminium as a substitute and driving its demand,” Antaike said in a note.

The most active aluminium contract on the Shanghai Futures Exchange rose to its highest in more than a month at RMB 12,460 per tonne (US$1,759.32/t), as of Monday, April 20.

The research house expects this rise in the demand for primary aluminium as a substitute for scrap to fade as the supply shortage of the latter will ease on the rebound of economic activities.

“The extra consumption of primary aluminium is only a fraction (of total inventories) and not sustainable,” said Antaike, suggesting companies to cut supply to change the weak fundamentals.

China’s increased primary aluminium demand, on the other hand, has led to a fall in primary aluminium ingots inventories across eight major consumption areas. On Monday, April 20, the inventories fell to 1.44 million tonnes, lowest since February 27, learned SMM data.

Aluminium inventories in warehouses tracked by ShFE AL-STX-SGH on Friday decreased to the lowest since March 6 at 485,802 tonnes, according to weekly exchange data.

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