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.

19 DECEMBER 2018 AL CIRCLE

China's top aluminum producers would gather in Nanning to discuss falling aluminium prices and slow demand

EDITED BY : BEETHIKA BISWAS 2MINS READ

China’s aluminium producers will hold a meeting in Guangxi to discuss falling prices of aluminium and slow demand for the metal, a Reuter report says.

China being the world’s largest aluminium producer and consumer is concerned over the fact that aluminium smelters are struggling to turn a profit, even after significant output cuts

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The source said that the meeting is being called by China Nonferrous Metals Industry Association (CNIA), the representing organization for the industry. The meeting will be held on Friday in Nanning, the capital of Guangxi, to discuss the current market situation, the Reuter sources said.

China Hongqiao Group, the world’s biggest aluminium producer is expected to be represented by the general manager of its sales unit. A second source, an executive at Aluminum Corp of China Ltd or Chalco would also be present in the meeting.

China Nonferrous Metals Industry Association or Hongqiao did not make any official announcement regarding the meeting.

Aluminum futures on the Shanghai Futures Exchange (SHFE) are down 13.5 per cent in 2018, probably the worst performance since 2015, driven by surplus supply and falling domestic demand.

Prices stood at RMB 13,690($1,985) per tonne on Wednesday after it dropped to its lowest since September 2016 in December beginning.

“This gathering together is more like the one that happened at the end of 2015, when the SHFE prices went down to below 10,000 yuan,” said Jackie Wang, a CRU analyst in Beijing.

She also added that all the major producers gathering there would be discussing what they can do to support the market and if any further curtailments are needed.

According to CRU China producers have already shut 2 million tonnes of annual aluminium capacity on lower prices. SHFE aluminium stocks almost topped 1 million tonnes this spring and later declined to below 700,000 tonnes but that is still almost seven times of the inventory in the beginning of 2017.

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