2026 CBAM Import Quarters Set 2027 Certificate Prices, Plus BIS and EXIM
Open the analysis tied to your CBAM data, BIS license queue, or EXIM capacity first. Each provides the full reasoning and source trail.
Good morning. Yesterday's analyses cover three separate operating files: 2026 CBAM import records, BIS license-delay tracking, and proposed EXIM portfolio limits. Open the file tied to your emissions data, license queue, or financing capacity first.
For goods imported into the EU in 2026, the import quarter determines the CBAM certificate price applied in 2027. U.S. suppliers should set contract terms now for emissions data, verifier access, correction windows, and cost allocation with the EU importer or authorized declarant.
Read it in full: The 2026 Import Quarter Sets the Price for 2027 CBAM Certificates.
Subject to available appropriations, the first export-control transparency report is due to Congress by August 19. The statute requires a submission date and decision, but not the decision date, and covers only a narrow group of listed entities. Exporters therefore need their own delay ledger.
Read it in full: BIS Export License Report Leaves Delay Dates to Applicants.
S. 4781 proposes four EXIM default-rate triggers inside three portfolios. Because the traditional book shares a frozen balance and the bill uses incomplete cross-references and a common denominator, transaction teams cannot treat the percentages as four independent capacity limits.
Read it in full: S. 4781 Would Turn the EXIM Default Rate Cap Into a Portfolio Test.