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.

26 APRIL 2022 AL CIRCLE

CME Group’s aluminium option contract to debut on May 23

EDITED BY : SARNALI CHAKRABORTY 2MINS READ

On Tuesday, April 26, CME group, the world’s biggest derivatives marketplace announced that it will debut an option contract on its physically-delivered aluminium features on May 23. The new aluminium option contract will be listed on COMEX and will be governed by its regulations.

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"Our new option contract is the latest example of CME Group's decade-long track record of helping the aluminum community to manage risk as their needs evolve. Clients are increasingly turning to our Aluminum markets, with a record 4,888 Aluminum futures contracts traded on April 19 and average daily volume in April currently around 1,300 contracts, up over 100% from last year. We look forward to continuing to work with our clients and the industry to provide enhanced solutions across this important global market,” said Jin Chang, Global Head of Metals at CME Group.

"We welcome the introduction of this new Aluminum Option contract and CME Group's efforts to enhance risk management capabilities in base metals. The new contract provides even more flexibility to manage adverse price movements and transparent price discovery, which benefits the entire base metals industry at this critical time,” said Rob Sorrentino, President at Eckhardt Trading.

"We applaud CME Group's continued expansion in base metals. With ongoing uncertainty in global metals markets, this new contract will allow us to offer liquidity to those looking to manage price risk and provide another important hedging tool to the broader aluminum community. We look forward to supporting CME Group's new Aluminum Option contract,” said Gareth Upe, Managing Director at UPE Trading.

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