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.

30 MAY 2019 AL CIRCLE

Both LME and SHFE aluminium traded lower yesterday on rising dollar and expectation of falling input cost

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar extended its gains on Wednesday amidst US-China trade tension. LME base metals closed lower on Wednesday and aluminium shed 0.4%. SHFE base metals performed similarly and aluminium lost 0.5%.

Despite a 23,550 tonne decline in LME aluminium stocks, three-month LME aluminium declined 0.42% on Wednesday to close at US$1,796 per tonne, as the market remained focused on greater alumina supplies. LME cash contract also declined and closed at US$ 1770 per tonne. LME aluminium is expected to trade between US$1,750-1,850 per tonne today.

{alcircleadd}

As on May 29, Wednesday, LME aluminium cash (bid) price stood at US$ 1768 per tonne, LME official settlement price stands at US$ 1770 per tonne; 3-months bid price stands at US$ 1796 per tonne, 3-months offer price is US$ 1797 per tonne; Dec 20 bid price stands at US$ 1913 per tonne, and Dec 20 offer price stands at US$ 1918 per tonne.

The LME aluminium opening stock stood at 1177250 tonnes. Live Warrants totalled at 722225 tonnes, and Cancelled Warrants were 455025 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1800 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped to US$ 2049 per tonne today from US$ 2066 per tonne on Wednesday.

The most-active SHFE July contract failed to rebound considerably after exiting longs and greater shorts dragged it to an intraday low of RMB 14,165 per tonne in early trades. It dipped to the Bollinger middle band and ended the trading day 0.67% lower at RMB 14,170 per tonne yesterday. As longs trimmed and shorts added their positions, the most traded SHFE July contract relinquished earlier gains to finish 0.49% lower at RMB 14,150 per tonne overnight. A pause in the uptrend of alumina prices, lower costs for power and coal as well as the expectations for weaker consumption in next one to two months are likely to prevent SHFE aluminium from extending its gains. It is likely to pull back in the short term, but falling inventories will limit the declines. SHFE aluminium is expected to trade between RMB 14,100-14,200 per tonne today, with spot premiums of up to RMB 30 per tonne over the SHFE 1906 contract.

Tagged with: