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.

31 JANUARY 2019 AL CIRCLE

China’s December aluminium products exports grow on uncertainties over US-China trade tensions

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

According to China Customs data, the country’s aluminium strip, rod and shapes exports in December stood at 98,500 tonnes, up 31.7 per cent year-on-year and 3.34 per cent month-on-month.

For the whole year of 2018, exports of aluminium strip, rod and shapes by China expanded 17.12 per cent and came in at 975,400 tonnes. The products are under HS codes of 76041090, 76042100, 76042990, 7604291 and 76041010.

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As for the aluminium alloy wheels, China exported 80,800 tonnes in December, up 2.5 per cent from a year earlier, showed data from China Customs. The graph below thus shows that China’s aluminium strip, rod and shapes exports were 22 per cent higher than the exports of aluminium alloy wheels in December 2018.

However, although China’s exports volume of aluminium alloy wheels grew in December 2018 year-on-year, its revenues dropped by 5.2 per cent to US$362 million from the same period last year.

For the entire year of 2018, China’s exports of aluminium alloy wheels stood at 994,100 tonnes, exceeding 950,000 tonnes for the first time. This equates to 99.41 million units of wheels, up 7.3% from 2017, if 10 kg per unit.

The graph above indicates growth in China’s yearly exports of aluminium strip, rod and shapes by 2 per cent than the country’s yearly exports of aluminium alloy wheels.

The value of China’s aluminium alloy wheels exports in 2018 expanded 10.4% year on year to stand at $4.7 billion, exceeding $4.5 billion for the first time.

The Chinese yuan experienced a tough 2018 and stood around 6.9 in offshore trading as of the end of December. The ratio of the most-traded SHFE aluminium contract to the LME three-month contract stood at about 7.14 in November-December, up from 7.19 in the same period of 2017. This provided better arbitrage opportunities to exporters.

Besides, fears of tariff hikes amid uncertainties over the US-China trade tensions prompted manufacturers of aluminium products to rush out export shipments and bolstered exports.

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