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.

25 DECEMBER 2023 AL CIRCLE

Share price of BD Thai Aluminium soars despite heavy losses

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

BD Thai Aluminium, a publicly listed company in Bangladesh, witnessed a significant influx of 82 per cent in its share price within a month despite the company incurring a loss in the last fiscal year.

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The company's revenue also dropped by 20 per cent YoY to Tk93 crore in the fiscal 2022-23, and it suffered a loss of Tk6.60 crore during the same period.

Third Quarter Summary

BD Thai also faced a loss of Tk2.37 crore in the July to September quarter of this fiscal, with a YoY turnover decline of 32 per cent to Tk17 crore. The Dhaka Stock Exchange (DSE) observed the unusual increase in the share price and sent a query letter to BD Thai seeking an explanation.

Persistent geopolitical crisis takes its toll

However, the company responded that it has no undisclosed price-sensitive information that might have impacted its share price. In its FY23 annual report, BD Thai's Chairperson Rubina Hamid mentioned that the company could not achieve its desired level of net profit due to the high inflationary environment caused by the energy crisis, depreciation of the taka, and concerns about the adequacy of the dollar reserve.

Effects of international trade dynamics

The company's acting Managing Director, Abdul Bari, also stated that they are facing challenges in keeping their delivery consistent to the national and local projects due to the sharp rise in import prices caused by the higher dollar rate and the very high global aluminium raw material prices.

Division of BD Thai Shares

The state-owned Investment Corporation of Bangladesh holds 14.97 per cent shares in BD Thai, while Rubina Hamid, sister of Health Minister Zahid Maleque, holds 2.34 per cent shares. The Health Minister himself owned 9.72 per cent of the company's shares, but recently, the Maleque family sold off their entire holdings in Sunlife Insurance to Green Delta Insurance.

If you wish to have a concise overview of the global aluminium sector, please have a look at AL Circle's adversely researched report, Global Aluminium Industry Key Trends to 2030.