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.

07 JUNE 2023 AL CIRCLE

SHFE receives permission from Beijing to trade alumina futures

EDITED BY : DEBANJALI SENGUPTA 1MINS READ

On Friday, June 2, the Shanghai Futures Exchange (SHFE) announced receiving alumina futures trading permission from Beijing after the Securities Regulatory Commission approved the plan. That makes the SHFE the first exchange on Earth to offer an alumina contract with physical delivery.

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Noting several benefits of listing alumina futures, SHFE said in a press statement: “The listing of alumina futures will enhance the competitiveness for China’s alumina industry and its price influence and also improve companies’ risk-management abilities.”

However, the Shanghai exchange has not yet revealed the date of starting to accept alumina futures listings.

The People’s Republic of China accounts for more than half of the world’s total alumina output. In 2022, China churned out 81.86 million tonnes of alumina, valued at US$28.93 billion.

At present, the SHFE trades future contracts in copper, aluminium, zinc, natural rubber, fuel, oil, and gold. It is the largest metals exchange in China and the third largest on Earth.

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