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.

17 SEPTEMBER 2021 AL CIRCLE

Japanese aluminium shipments premium for Q4 2021 agreed at $220/t, highest since June quarter 2015

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

After month-long negotiations, a Japanese buyer has reportedly nodded to pay a premium of $220 per tonne for aluminium shipments for the December quarter of 2021, an increase of 19 per cent from the current quarter in tandem with the higher overseas premium, said two sources directly involved in the pricing talks.

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For July-September shipments, Japanese aluminium buyers are paying $185. The increase in premium for the next quarter marks the fifth consecutive quarterly rise and the highest since the April-June quarter in 2015. But it is lower than the initial offers of $230-$250 made by overseas producers.

Japan is Asia’s biggest aluminium importer. So, the premiums it agrees to pay for aluminium shipments in each quarter over the London Metal Exchange cash price set the benchmark for the region.

The incessant rise in Japanese shipment premiums reflects the surging premiums in Europe and the United States amid tight supply, a source at a producer said.

On Monday, September 13, the LME aluminium benchmark price touched $3,000 per tonne for the first time since 2008, fuelled by supply shortage due to production restrictions in China, the world’s biggest lightweight metal producer.

Initially, the premium offers for the December quarter were above $230 per tonne, but Japanese buyers showed reluctance to pay due to falling automobile production amid global chip shortage, said another source at an end user.

"But we have agreed at $220 a tonne as a producer lowered its offer from the initial level," the source said.

The negotiations began last month between Japanese buyers and global suppliers, including Rio Tinto and South 32, and are likely to continue later this month.

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