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.

29 NOVEMBER 2016 AL CIRCLE

A strong dollar to weigh on LME Aluminium, money supply tightens in China

EDITED BY : DIPANWITA GUPTA 2MINS READ

LME aluminium after diving overnight on Monday moved above the 10 and 20-day moving averages to close at US$1,766.50/mt. The price fall was in tandem with other base metal futures traded on the exchange. The US long-term government treasury rate increased over market expectations of a possible Fed rate hike later this year. As a result, dollar index rose forcing capital out of the emerging markets. The strengthening dollar, in turn, put downward pressure on the base metal prices thereby reining in their bull run.

As per SMM forecast, LME aluminium will move between US$1,730-1,760/mt on Tuesday, November 29. The 3-month buyer price of aluminium as on November 28, stands at US$1,768/mt. The LME official opening stock is estimated at 2131750mt.

News
The People’s Bank of China raised capital cost; monetary policy in and outside China is expected to tighten. SMM thinks, investors should be wary of risks after overbought of base metals.

Aluminium traded on Shanghai Metal Exchange closed at US$2,121/mt on Monday, and opened at US$2,077/mt on Tuesday, November 29. Aluminium futures traded on Shanghai Futures Exchange, SHFE 1702 aluminum is predicted to test support at the 20-day moving average and will range at US$1,959.11-2,002.64/mt, predicts SMM.

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Following graph shows the price movement of aluminium A00 ingot as surveyed by SMM:

News
“Most base metals fell back in overnight trading, and in the short run, investors should pay attention to money supply, which serves as a major driving factor, in addition to a strong dollar,” SMM says.