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.

11 AUGUST 2017 AL CIRCLE

Press Metal Bhd improves its outlook based on rising aluminium prices

EDITED BY : BEETHIKA BISWAS 2MINS READ

As China squeezes 10% of its aluminium production and as a result, the LME aluminium prices have jumped to a three-year high, Press Metal Aluminium Holdings Bhd (PMETAL) is poised to leverage on the benefits. Analysts have conservatively increased the company’s estimated financial year 2018 (FY18E) aluminium price to US$1,900 (RM8,151) per tonne. This will lift the estimated earning in FY18 up to 7% from 0% in FY17.

Recently, Bloomberg reported that China “called for the closure of 3.21 million tonnes of illegal aluminium capacity by end-July” in Shandong on July 24, higher than analysts’ expectations. Shandong is a major aluminium production hub in China, and the target makes up 10% of China’s total production of 31.6 million tonnes in 2016. The news resulted in a price hike of +7% to US$2,024 per tonne on August 10, the first time prices have traded over the US$2,000 per tonne mark since end-2014.

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Press Metal prices similarly rallied with the increase of LME prices, jumping 22% to RM3.27 over the same period. Kenanga Research remains highly positive on PMETAL’s short-term price prospects. The long term earnings outlook for the company is supported by continued cost efficiencies and a higher proportion of high-margin downstream products.

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