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.

01 JANUARY 2024 AL CIRCLE

LME aluminium benchmark price gains US$22/t to US$2,335.50/t; SHFE market is closed for New Year

EDITED BY : SARNALI CHAKRABORTY 2MINS READ

On Friday, December 29, both LME aluminium cash bid price and LME aluminium official settlement price gained US$21.5 per tonne or 0.92 per cent and US$22 per tonne or 0.95 per cent to settle at US$2,334.50 per tonne and US$2,335.50 per tonne.

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As per the London Metal Exchange (LME) data, 3-month bid price and 3-month offer price hiked by US$15 per tonne or 0.63 per cent to reside at US$2,381 per tonne and US$2,382 per tonne. December 24 bid price and December 24 offer price expanded by US$15 per tonne or 0.60 per cent to peg at US$2,495 per tonne and US$2,500 per tonne.

LME aluminium opening stock came in at 549050 tonnes. Live warrants and Cancelled warrants halted at 356125 tonnes and 192925 tonnes. LME aluminium 3-month Asian Reference Price dipped by US$2.17 per tonne to reach US$2,379.54 per tonne.

SHFE aluminium price

As of today, January 1, 2024, the SHFE market is closed on New Year’s Eve from December 30, 2023 (Saturday) to January 1, 2024 (Monday). However, on Friday, December 29, the Shanghai Future Exchange (SHFE) aluminium price chart recorded a fall of US$4 per tonne to close at US$2,756 per tonne. On a year-on-year basis, we can calculate a US$69 per tonne or 2.57 per cent surge from US$2,687 recorded on December 29, last year.

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