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.

28 MAY 2020 AL CIRCLE

Chinese aluminium industry’s prosperity index plunged to the lowest in April 2020

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Chinese aluminium industry’s prosperity index declined to the lowest in April 2020 since the first report launched in November 2015, according to the latest report released by China Nonferrous Metals Industry Association. Decreasing by 1.2 points, the prosperity index of China’s aluminium industry came in at 17.8 points in April, shows the report.

{alcircleadd}

Despite the anticipated growth in China’s primary aluminium demand in the coming months along with the estimated recovery in economic activity, the index is likely to remain low for some time to come. This could be primarily due to the uncertainty of the lasting impact of COVID-19 pandemic on the downstream aluminium demand.

The COVID-19 outbreak already affected the fixed asset investment in the aluminium smelting industry, leading to a fall by 47.7 per cent in the first three months of 2020. Meanwhile, the daily output of primary aluminium and alumina declined by 6.1 per cent and 7.4 per cent month-on-month to 96,000 tonnes and 182,000 tonnes, respectively, on a seasonally adjusted basis in March.

However, thanks to the strong demand from construction, transportation, and electricity sectors, the consumption of aluminium profiles increased significantly. China’s aluminium products output also increased by 33.7 per cent from 3.95 million tonnes in April 2019 to 5.28 million tonnes in April 2020. But China’s exports of unwrought aluminium and aluminium products declined 15 per cent month-on-month to 441,177 tonnes, as countries outside China were under lockdown since late March.

China’s primary aluminium smelters could generate profit in April, given the hike in prices due to lower stocks and stable consumption. The primary aluminium inventories by the end of April were down by more than 500,000 tonnes to 1.5 million tonnes.

Most of China’s alumina refiners, on the other hand, made losses as the drop in production costs failed to make up for the constant decline in alumina prices.

CNIA’s aluminium industry prosperity index is composed of LME aluminium settlement price, investment in aluminium smelting, floor space of commercial buildings sold, power generation, alumina production, aluminium products exports, broad money supply or M2, primary aluminium production, main business revenues and total profits.

Tagged with: