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.

11 DECEMBER 2023 AL CIRCLE

Declining inventory pulled up the LME aluminium price to US$2,111/t; SHFE price contracts by US$25/t

EDITED BY : SARNALI CHAKRABORTY 2MINS READ

LME aluminium opened at US$2137 per tonne last Friday, with its high and low at US$2161.5 per tonne and US$2130 per tonne, respectively, before closing at US$2134 per tonne, up 0.14 per cent.

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On Friday, December 8, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$11.5 per tonne or 0.54 per cent and US$12 per tonne or 0.57 per cent to clock at US$2,110 per tonne and US$2,111 per tonne.

As per the reports, this rise may be attributed to many causes, including decreased inventories in warehouses monitored by the Shanghai Futures Exchange, ongoing production limitations caused by China's winter power deficit, and capacity constraints at local smelters.

3-month bid price and 3-month offer price hiked by US$10.5 per tonne or 0.49 per cent to settle at US$2,149.50 per tonne and US$2,150.50 per tonne. December 24 bid price and December 24 offer price also added US$12 per tonne or 0.53 per cent to halt at US$2,270 per tonne and US$2,275 per tonne.

LME aluminium opening stock came in at 453225 tonnes. Live warrants and Cancelled warrants were halted at 211025 tonnes and 242200 tonnes. LME aluminium 3-month Asian Reference Price clocked at US$2,156.84 per cent after witnessing a cut of US$6.9 per tonne or 0.32 per cent.

SHFE aluminium price

On December 8, the Shanghai Futures Exchange (SHFE) aluminium price has slipped by US$25 per tonne or 0.96 per cent to peg at US$2,565 per tonne.

At last Friday's night session, the most-traded SHFE 2401 aluminium contract opened at RMB 18470 per tonne, with its lowest and highest at RMB 18380 per tonne and RMB 18530 per tonne before closing at RMB 18395 per tonne, down RMB 95 per tonne or 0.51 per cent.

The Shanghai Futures Exchange tracked warehouse inventories, which fell 8.20% from the previous Friday, suggesting tighter supply. Winter power shortages and production constraints in China have created continued issues in the aluminium market.

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