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.

03 DECEMBER 2021 AL CIRCLE

New coronavirus variant Omicron starts hitting LME aluminium prices, suspects industry analysers

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Agonies hovering around the possible economic impact due to the onset of new coronavirus variant Omicron have reportedly begun hitting the benchmark aluminium price on the London Metal Exchange. On Thursday, December 2, the LME aluminium price recorded a fall of 0.9 per cent to US$2,640.50 per tonne at 0704 GMT before closing the day at US$2,655 per tonne. The most-traded January aluminium contract on the Shanghai Futures Exchange also closed down by 1.2 per cent to RMB 18,765 (US$2,944.87) per tonne.

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According to reports, heavily mutated Omicron is rapidly becoming the dominant variant of the coronavirus. In South Africa, the new variant of the virus outspread in less than four weeks after it was first detected there, while the United States on Wednesday became the latest country to identify an Omicron case within its borders.

However, so far, the LME aluminium prices were partially offset by LME aluminium inventories, which dropped to 893,775 tonnes, the lowest since September 2007 and down by 55 per cent from March.

"It (the LME drawdown) was driven by demand - some moved to China, some moved to the West. All (demand) sections (improved), maybe only except for real estate construction in China," said an aluminium trader.