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.

01 SEPTEMBER 2018 AL CIRCLE

Falling US dollar index and tight alumina market lifted LME and SME over the week, cost support to continue next week

EDITED BY : BEETHIKA BISWAS 3MINS READ

The last week of August was marked by a falling US dollar index and a rising LME aluminium graph. August 27 was a holiday for LME and it started the week with a 1.26 % gain on August 28. The light aluminium contract traded within a range of US$ 2088 to US$ 2112 per tonne over the week. US dollar rebounded for the first time in five trading days on Friday August 31 and pushed the LME slightly lower. LME aluminium and SHFE contracts registered smaller drops compared with other base metals when the US dollar rebounded overnight.

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The benchmark aluminium price on Shanghai Metal Exchange started the week at US$ 2151 per tonne on August 27 and after reaching the height of US$ 2175 per tonne mid-week, the week was closed at US$ 2161 per tonne on August 31.

As on August 31, LME aluminium cash (bid) price stands at US$ 2111.50 per tonne, LME official settlement price stands at US$ 2112 per tonne; 3-months bid price stands at US$ 2137 per tonne, 3-months offer price is US$ 2139 per tonne; Dec 19 bid price stands at US$ 2175 per tonne, and Dec 19 offer price stands at US$ 2180 per tonne.

The LME aluminium opening stock dropped to 1070750 tonnes. Live Warrants totalled at 780750 tonnes, and Cancelled Warrants were 290000 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2139.29 per tonne.

The US dollar index slumped to the lowest in four weeks in the last week of August, as investors lost confidence in the dollar after the US and Mexico reached a preliminary agreement to change parts of the North American Free Trade Agreement (NAFTA). Short supplies of alumina overseas provided support to LME and SHFE aluminium. Alcoa’s and South32’s alumina refineries in Western Australia (WA) have delayed their shipments and workers continued their strike at Alcoa refinery plants and bauxite mines in WA. Meanwhile, maintenance at South32’s Worsley alumina refinery in WA affected output by some 200,000 tonnes. All these factors put pressure on the alumina market. Cost support is likely to continue in the short term, and Shanghai Metals Market expects the contracts to continue its strong and rangebound pattern in the long term.

Shanghai Metals Market research showed that China shut 730,000 tonnes of primary aluminium capacities during June-August because of high costs and relatively low prices of aluminium. A00 aluminium ingot prices in China dipped on gaining inventories due to increasing supplies and weak consumption. The prices are expected to stay rangebound next week.

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