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.

24 JUNE 2019 AL CIRCLE

Both LME and SHFE aluminium lost earlier gains on Friday; likely to trade lower in absence of positive fundamentals

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar fell against its major rivals last Friday after the US decision to cut interest rates to support flagging economic growth. Base metals ended mostly lower. LME aluminium dropped 0.8% and SHFE aluminium fell 0.5%.

Three-month LME aluminium failed to hold firm at a high of US$1,780 per tonne as it fell below all moving averages to end at US$1,768 per tonne, down 0.79% on the day. The LME aluminium is likely to trade at US$1,760-1,800 per tonne today.

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LME Aluminium

As on June 21, Friday, LME aluminium cash (bid) price stood at US$ 1742.50 per tonne, LME official settlement price stands at US$ 1743.50 per tonne; 3-months bid price stands at US$ 1767 per tonne, 3-months offer price is US$ 1767.50 per tonne; Dec 20 bid price stands at US$ 1882 per tonne, and Dec 20 offer price stands at US$ 1887 per tonne.

The LME aluminium opening stock dropped to 1023450 tonnes. Live Warrants totalled at 659925 tonnes, and Cancelled Warrants were 363525 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1778 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) dropped to US$ 2004 per tonne today from US$ 2021 per tonne on Friday.

The most-active SHFE August contract lost gains from the previous three days as expanding shorts drove it below the daily moving average, to RMB 13,745 per tonne, the lowest since the end of March. It fell 0.86% on the day and ended at RMB 13,765 per tonne, with open interests up 9,476 lots. The SHFE August contract also slipped from a high of RMB13,815 per tonne and closed lower on the day at RMB13,770 per tonne as long covered their positions. Today, the contract is likely to trade at RMB 13,700-14,000 per tonne. Spot offers are seen flat to a premium of RMB 20 per tonne today. As the focus of the market moved back to fundamentals, falling prices of alumina are likely to keep the contract weak in the short term.

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