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.

17 SEPTEMBER 2019 AL CIRCLE

Higher greenback pushed LME aluminium down on Monday night; SHFE came off from highs after the holidays

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar rebounded against a basket of currencies on Monday. LME base metals dropped on Monday, on growing concerns about demand in China after the release of bleak economic data. LME aluminium fell 1.4% and SHFE aluminium declined 0.6%. The SHFE /LME cash aluminum ratio registered at 8.13, while the SHFE/LME 3M aluminum ratio was at 7.92. LME cash aluminum was at contango of $31.5/mt against LME 3M aluminum.

LME aluminium started the week higher on Monday. However, with dollar’s rebound on Monday night, three-month LME aluminium came off from earlier highs to end at US$1,787.5 per tonne in a week. It lost 1.41% on the day, and the buildup of short positions mainly accounted for the decline. LME aluminium is expected to trade between US$1,780-1,830 per tonne today, with support sustained at the 40-day moving average.

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LME

As on September 16, Monday, LME aluminium cash (bid) price stood at US$ 1770 per tonne, LME official settlement price stands at US$ 1770.50 per tonne; 3-months bid price stands at US$ 1803 per tonne, 3-months offer price is US$ 1805 per tonne; Dec 20 bid price stands at US$ 1873 per tonne, and Dec 20 offer price stands at US$ 1878 per tonne.

The LME aluminium opening stock dropped to 908425 tonnes. Live Warrants totalled at 706800 tonnes, and Cancelled Warrants were 201625 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1808 per tonne.

SME and SHFE Aluminium Price Trend

As longs booked profits and left, the most-active SHFE November contract came off from highs, falling below support from the 20-day moving average and closing down 1.04% at RMB 14,280 per tonne. The unwinding of long positions on risk aversion sent the most traded SHFE 1911 contract to a one-week low of RMB 14,240 per tonne during early overnight trading, and the contract failed to recover in the rest of trading hours, ending 0.59% lower at RMB14,265 per tonne. Inventory build-up over the holiday weekend, and worries about weaker demand and greater supply in the fourth quarter, dampened confidence in longs. SHFE aluminium is expected to trade rangebound at RMB 14,300-14,400 per tonne today, with spot premiums of RMB 30-50 per tonne over the 1910 contract.

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