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.

07 SEPTEMBER 2021 AL CIRCLE

Guinea Coup drives LME aluminium benchmark price again to 10-year high at US$2745.5/t; SHFE price drops to US$3366/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Three-month LME aluminium opened at US$2,737 per tonne on Monday morning and ranged between US$2,734-2,782 per tonne before closing at US$2,767.50 per tonne, an increase of US$34.50 per tonne or 1.26 per cent. Trading volume was 14,892 lots, and open interest increased by 5,202 lots to 651,000 lots.

Guinea coup drives LME aluminium benchmark price to a 10-year high at US$2745/t; SHFE price drops to US$3366/t

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LME aluminium benchmark price saw another jump of nearly US$50 per tonne or 1.8 per cent on Monday, September 6, driven by political unrest in Guinea that fuelled concerns over raw material supply required for aluminium smelting. LME aluminium cash (bid) price came in at US$2,745 per tonne, while LME official settlement price stood at US$2,745.50 per tonne, the highest since May 2011. 3-months bid price and 3-months offer price rose by over US$52 per tonne to peg at US$2,756 per tonne and US$2,758 per tonne, respectively. Dec 22 bid price grew to US$2,690 per tonne and Dec 22 offer price increased to US$2,695 per tonne.

LME aluminium opening stock declined from 1343425 tonnes to 1341000 tonnes. Live Warrants stood at 866025 tonnes, while Cancelled Warrants totalled 474975 tonnes.

LME aluminium 3-months Asian Reference Price settled at US$2,762.38 per tonne as of September 6.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE dropped US$7 per tonne to stand at US$3,366 per tonne on Tuesday, September 7.

The most-traded SHFE 2110 aluminium closed up 2.23 per cent to stand at RMB21,730 per tonne, with open interest up 3313 lots to 298000 lots.

The most-traded SHFE 2110 aluminium contract opened Monday’s night session at RMB21,675 per tonne, with the highest and lowest prices at RMB21,800 per tonne and RMB21,620 per tonne before closing at RMB21,705 per tonne, down RMB25 per tonne or 0.12 per cent. Trading volume was 105,000 lots, and open interest decreased by 4,233 lots to 294,000 lots.

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