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 APRIL 2019 AL CIRCLE

Higher greenback puts pressure on LME aluminium; SHFE gains on cost support and consumption growth

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar index extended its gains above 97 on Tuesday with the weakening of the euro. LME base metals traded lower on Tuesday. LME aluminium fell 0.5% and SHFE aluminium gained 0.5%.

The robust greenback pulled down the three-month LME aluminium 0.5% to close at US$1,853.5 per tonne on Tuesday. It is expected to trade between US$1,840-1,880 per tonne today as traders failed to find direction from fundamentals. LME cash settlement price also closed lower on Tuesday from previous closing.

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As on April 16, LME aluminium cash (bid) price stood at US$ 1838 per tonne, LME official settlement price stands at US$ 1839 per tonne; 3-months bid price stands at US$ 1855 per tonne, 3-months offer price is US$ 1856 per tonne; Dec 20 bid price stands at US$ 1985per tonne, and Dec 20 offer price stands at US$ 1990 per tonne.

The LME aluminium opening stock dropped to 1068325 tonnes. Live Warrants totalled at 681975 tonnes, and Cancelled Warrants were 386350 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1863 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 2077 per tonne today from US$ 2064 per tonne on April 16.

The SHFE June contract became the most-active contract today, which rebounded from a low of RMB 13,860 per tonne and closed at an intraday high of RMB 13,910 per tonne, up 0.25% on the day. The June contract then climbed along the five-day moving average to a high of RMB 13,950 per tonne in early trade overnight, and managed to hold onto much of those gains to end at RMB 13,930 per tonne. Report that Shandong Weiqiao Group, one of the top aluminium producers in China, shut some capacity for a capacity swap improved market sentiment and helped SHFE aluminium buck the downtrend across nonferrous metals overnight. SHFE aluminium is expected to trade at RMB 13,850-13,950 per tonne today, with spot discounts of up to RMB 40 per tonne against the May contract.

Signs of a slower decline in alumina prices and expectations on higher consumption will support prices in the short term.

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