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.

16 AUGUST 2019 AL CIRCLE

Both LME and SHFE aluminium closed higher than the previous closing yesterday; likely to trade rangebound today

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar rose on Thursday to 98.14, as better-than-expected US retail sales data eased fears that the US economy could be headed for a recession. LME base metals closed mixed overnight. LME aluminium nudged up 0.03% and SHFE aluminium inched up 0.1%.

LME aluminium gained during day’s trading and closed higher. The trend continued overnight and three-month LME aluminium recovered from earlier losses to end the day a tad higher at US$1,785 per tonne. It is expected to trade between US$1,760-1,800 per tonne today.

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LME

As on August 15, Wednesday, LME aluminium cash (bid) price stood at US$ 1742 per tonne, LME official settlement price stands at US$ 1742.50 per tonne; 3-months bid price stands at US$ 1776 per tonne, 3-months offer price is US$ 1777 per tonne; Dec 20 bid price stands at US$ 1870 per tonne, and Dec 20 offer price stands at US$ 1875 per tonne.

The LME aluminium opening stock dropped to 976700 tonnes. Live Warrants totalled at 689100 tonnes, and Cancelled Warrants were 287600 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1776 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) increased to US$ 2023 per tonne today from US$ 2019 per tonne on Thursday.

Renewed market talk that production in Shandong was affected by typhoon rallied the most-liquid SHFE October contract to a high of RMB 14,315 per tonne around noon, before the contract gave up some gains and finished at RMB 14,200 per tonne, up 0.28% on the day. Aggressive builds of long positions bolstered the October contract in early trade overnight, before the contract traded rangebound to close 0.14% higher at RMB 14,240 per tonne. SHFE aluminium is expected to consolidate at highs, given firm long positioning. It is likely to move between RMB 14,150-14,300 per tonne today, while spot prices are seen in a discount of RMB 30 per tonne to a premium of RMB 10 per tonne relative to the SHFE 1909 contract.

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