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.

09 NOVEMBER 2016 AL CIRCLE

'Cautiously optimistic' trading expected in aluminium; Chalco hikes prices sharply

EDITED BY : DIPANWITA GUPTA 3MINS READ

LME aluminium prices are tracing a downward slope again. Unlike other base metals which are trending up almost in unison, the lightmetal traded on LME closed at US$1,706/mt after night trading on Tuesday, November 8. The contract was traded at US$1,716/mt a day earlier on the Exchange.

At the recently ended ‘LME Week - annual shindig of the industrial metals markets,’ Jorge Vasquez, founder of Harbor Aluminum said, aluminium as a commodity will suffer from a rising glut, record-high stocks, especially in China's key markets, and the increasing forced release of those stocks as financing metrics become strained. Looking at the screen this morning, it seems the observation was not incorrect.

LME Aluminium US Premium is still higher at US$150 whereas West-Europe Premium and East-Asia Premium stand at US80 and US$65 respectively. LME Aluminium South-east Asia Premium is still the lowest at US$15.

Traders are looking at the US Presidential election today and how it impacts the market at large. SMM predicts that LME aluminium will move at US$1,715-1,740/mt.

News
In China, aluminium traded on Shanghai Metal Exchange closed at US$2,111/mt on Tuesday and opened at US$2,174/mt on Wednesday, November 9. China Aluminum International Trading Co. (Chalco Trading) announced big hike in aluminium prices it offered in major markets today.

The details are as follows:

Unit: yuan/tonne

According to SMM analysis, snowfall in northwest China will support spot aluminium prices; SHFE 1701 aluminium will range between RMB 13,500-13,700/mt on Wednesday.

News In China’s domestic market, spot aluminium should increase by RMB 100/mt to RMB 16,650-16,800/mt on Wednesday, said SMM.

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Key macroeconomic indicators:

• Market will eye US crude oil stocks and China October inflation data on Wednesday.
• China’s CPI might return to 2% growth in October, due to rising food and non-food prices. Raw material purchasing price index under China’s October official manufacturing PMI rose 5.1 to 62.6. So, PPI should rise as well.
• Markit’s US manufacturing PMI hit the highest since October 2015 in October. New order index also at its year-high. So, US retail sales will continue improving in October.
• API US crude oil stocks grew slower last week. This will dampen outlook for oil prices.
• The US dollar will likely strengthen and commodity market will take a hit if Hilary wins in US presidential election, and vice versa.