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.

06 NOVEMBER 2023 AL CIRCLE

LME aluminium benchmark price ascends by US$1.5/t to US$2219.5/t; SHFE aluminium price glides up US$92/t Y-o-Y

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

LME aluminium opened at US$2232.5 per tonne last Friday, with its low and high at US$2229.5 per tonne and US$2260 per tonne, respectively, before closing at US$2256.5 per tonne, up 0.98 per cent.

{alcircleadd}

The LME aluminium live price chart, on November 3, marked a slight elevation in aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price soaring by US$1.50 per tonne or 0.07 per cent to officially close at US$2,219 per tonne and US$2,219.50 per tonne.

When the price on November 3, last year, is taken into account, we can calculate an increase of US$3.50 per tonne or 0.16 per cent on a Year-on-Year scale.

London Metal Exchange graph flashed that the 3-month bid price and the 3-month offer price have surged by US$4 per tonne or 0.18 per cent to anchor at US$2,241 per tonne and US$2,242 per tonne, respectively.

The December 24 bid price and the December 24 offer price have risen by US$3 per tonne or 0.13 per cent, settling at US$2,353 per tonne and US$2,358 per tonne.

LME aluminium opening stock recorded a drop of 2,000 tonnes or 0.42 per cent, arriving at 468,700 tonnes. Live warrants stood at 203,800 tonnes, with no alterations at all. Cancelled warrants halted at 264,900 tonnes, plunging by 2,000 tonnes or 0.75 per cent.

LME aluminium 3-month Asian Reference Price stopped at US$2,239.79 per tonne, down US$4.41 per tonne or 0.2 per cent.

SHFE aluminium price

On November 6, today, the Shanghai Futures Exchange (SHFE) aluminium price chart displayed growth in aluminium prices, with the official SHFE price halting at US$2,631 per tonne, following a small hike of US$3 per tonne or 0.11 per cent. If we consider the aluminium price on November 7, last year, we can see a Year-on-year augmentation of US$92 per tonne or 3.62 per cent.

The most-traded SHFE 2312 aluminium contract opened at RMB 19195 per tonne at last Friday’s night session, with its low and high at RMB 19160 per tonne and RMB 19260 per tonne before closing at RMB 19195 per tonne, flat from the previous trading day.

SHFE 2307 aluminium added RMB 595 per tonne or 3.38 per cent to RMB 18,185 per tonne. The open interest fell 11,785 lots to 256,640 lots.

China’s aluminium ingot inventory continued to build up, and the pattern of high-level adjustment in aluminium prices continued