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.

14 DECEMBER 2018 AL CIRCLE

Both LME and SHFE aluminium dip on dollar's gain; China market gets support from falling inventories

EDITED BY : BEETHIKA BISWAS 2MINS READ

The dollar strengthened against most major currencies on Thursday on US President Donald Trump's upbeat comments on trade talks with China and Beijing's first major purchase of US soybeans in months. Both LME and SHFE base metals closed mixed on Thursday. LME aluminium slipped 0.3% and SHFE aluminium dipped 0.04%.

LME aluminium continued its downward trend and closed Thursday’s trading at US$ 1924 per tonne. Despite a higher open at night, LME aluminium reversed earlier gains and slid to close at US$1,930 per tonne on Thursday night. We expect it to remain weak today with most transactions at US$1,925-1,945 per tonne.

{alcircleadd}

As on December 13, Thursday, LME aluminium cash (bid) price stood at US$ 1923 per tonne, LME official settlement price stands at US$ 1924 per tonne; 3-months bid price stands at US$ 1931 per tonne, 3-months offer price is US$ 1932 per tonne; Dec 19 bid price stands at US$ 1992 per tonne, and Dec 19 offer price stands at US$ 1997 per tonne.

The LME aluminium opening stock dropped to 1094925 tonnes. Live Warrants totalled at 853375 tonnes, and Cancelled Warrants were 241550 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1946 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped to US$ 1965 per tonne today from US$ 1971 per tonne on December 13.

SHFE aluminium rallied from a low of RMB13,595 per tonne to an intraday high of RMB 13,700 per tonne near noon yesterday. The contract recovered overnight losses and closed RMB10 per tonne higher on the day at RMB 13,670 per tonne. The contract recovered some earlier losses to close at RMB13,615 per tonne overnight. A weekly decline of 57,000 tonne in social stocks in China provided some support to SHFE aluminium prices. We expect the contract to trade at RMB13,600-13,700 per tonne today with spot discounts/premiums at RMB 20 per tonne. Decline in primary aluminium social inventories grew confidence across longs, against a backdrop of production cuts across domestic smelters. The contract is expected to test pressure at the five-day moving average.

Tagged with: