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.

27 SEPTEMBER 2018 AL CIRCLE

Chinese aluminium inventory records longest destocking phase this year on output cut and stable consumption

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Shanghai Metals Market found that this year the Chinese aluminium inventory cycle so far has lingered in a destocking phase for 25 weeks, as of Wednesday September 26. This has been the longest destocking period since 2007, which was first recorded in 2011.

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As of Tuesday September 25, the social inventories of primary aluminium across major consumption areas in China had stood at 1.606 million tonnes, down 29.64 per cent from the peak of 2.284 million tonnes notched on March 12, 2018.

The primary reasons behind these shrinking inventories across China could be the production cut and shutdown of capabilities, SMM found. In March-August, Chinese smelters produced 18.31 million tonnes of primary aluminium, down 1.6 per cent from the contemporary period of 2017. In June-September, over 770,000 tonnes of annual capacities were closed and some smelters had suspended operations to undertake maintenance given high temperatures.

Besides, the pace of starting new smelters was slow as tumbles in aluminium prices kept smelters running in losses.

Meanwhile, the consumption of aluminium held stable this year. SMM research found that China consumed 17.782 million tonnes of primary aluminium in the first half of this year, slightly up by 0.9 per cent from the same period last year.

Although July-August is a traditional low season yet operating rate across downstream consumers did not register any sharp decline during the period. Operating rates in the primary and secondary aluminium alloy sectors nudged up in July while rates in the sheet plate/strip/foil, cable wire, industrial extrusions, and primary aluminium alloy sectors increased in August.

SMM expects that aluminium consumption will unlikely shrink in the coming time as well, especially amid a traditional high season in September-October.

Apart from alumina prices, this long destocking phase bolstered aluminium prices. Thus, so far this year, the most traded SHFE aluminium contract stood above RMB 14000 per tonne level for the first time.

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