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.

10 MAY 2017 AL CIRCLE

Global glut and plunging crude oil prices continue to keep lid on LME aluminium

EDITED BY : DIPANWITA GUPTA 2MINS READ

The global surplus of aluminium and the recent bottoming out of global crude oil prices have already dragged LME aluminium prices down below the US$1,900 per tonne level. The light metal contract traded globally closed at US$1,874 per tonne on Tuesday, May 9, down 0.26 per cent from its previous close of US$1,879 per tonne on Monday.

It is understood from the technical indicator that LME aluminium will fall further to the US$1,860-1,880 per tonne range on Wednesday, May 10. An early next week bounce-back is likely if the commodity manages to draw support from the crude oil prices that edged higher in Asia on expectation of supply cut in Saudi Aramco.

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News

As on May 9, LME official cash buyer price of aluminium stands at US$1,873.50 per tonne, cash seller & settlement price is US$1,874 per tonne, 3M buyer price is US$1,879 per tonne, 3M seller price is US$1,880 per tonne, Dec1 buyer price is US$1,920 per tonne, and Dec1 seller price is US$1,925 per tonne. The current LME official Opening Stock of aluminium is estimated at 1577800 tonnes, total Live Warrants is 969300 tonnes, and Cancelled Warrant is 608500 tonnes.

LME aluminium premiums, as on May 8, remain unchanged across major regions. LME Aluminium East-Asia Premium stands at US$110, LME Aluminium US Premium is US$215, LME Aluminium West-Europe Premium is US$95, and LME Aluminium South-East Asia Premium remains unchanged at US$15 (per tonne).

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The benchmark aluminium price at Shanghai Metal Exchange (SME) stands at US$1,982 per tonne on Wednesday, May 10, marginally up 0.35 per cent from Tuesday’s benchmark price of US$1,975 per tonne.

Aluminium futures contracts traded at the Shanghai Futures Exchange (SHFE) witnessed a rise due to picking-up of long buying. SHFE 1707 aluminium climbed to RMB 13,870 per tonne after opening at RMB 13,830 per tonne on Tuesday, May 9, but then dropped to RMB 13,765 per tonne on short selling. Shanghai Metals Market (SMM) forecast suggests that SHFE 1707 aluminium will move between RMB 13,700-13,900 per tonne on Wednesday, May 10.

Spot aluminium in east China is projected to narrow to RMB 50-10 per tonne over SHFE 1705 aluminium on Wednesday, SMM said.

The market focus will be on US’s API and EIA crude oil inventories from the week ending May 5 and April IPI, China’s April CPI and France’s March industrial production data, SMM suggested.

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