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.

28 MAY 2022 AL CIRCLE

LME aluminium benchmark price trends down this week to US$2823/t; SHFE price slumps to US$3085/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The LME aluminium benchmark price has showcased a downswing this week after a prolonged period of hikes. Although both the LME aluminium cash bid price and LME aluminium official settlement price started the week on Monday, May 23, with a jump of US$32 per tonne to US$2,962 per tonne and US$2,963 per tonne, the prices began to decrease from the next day US$81.50 per tonne and US$82 per tonne, respectively, to come in at US$2,880.50 per tonne and US$2,881 per tonne. On Wednesday, May 25, both LME aluminium cash bid price and LME aluminium official settlement price extended decline to US$2,829 per tonne and US$2,829.50 per tonne and moved further down to US$2,825 per tonne and US$2,825.50 per tonne on Thursday, May 26. On Friday, May 27, both the LME prices slipped to US$2,822.50 per tonne and US$2,823 per tonne.

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3-month bid price and 3-month offer price also initiated the week on May 23 with a hike of US$40 per tonne to US$2,973 per tonne and US$2,975 per tonne but fell the next day by US$66 per tonne and US$67 per tonne to US$2,907 per tonne and US$2,908 per tonne, respectively. On Wednesday, May 25, the prices continued to decline by 1.7 per cent o score at US$2,857.50 per tonne and US$2,858 per tonne, which stopped further lower on May 26 at US$2,856 per tonne and US$2,857 per tonne. Friday, May 27, both 3-month bid price and 3-month offer price settled at US$2,845 per tonne and US$2,847 per tonne.

December 23 bid price and December 23 offer price plunged through the week by US$50 per tonne to US$2,805 per tonne and US$2,810 per tonne, respectively. LME aluminium opening stock slumped by 26,175 tonnes to close at 471,075 tonnes as of Friday, May 27.

European Aluminium Industry: Focus 2022

SHFE aluminium price

The benchmark aluminium price for SHFE also closed lower this week. The price started at US$3,129 per tonne on Monday, May 23, with an increase of US$39 per tonne, but slipped the next day by US$9 per tonne to US$3,120 per tonne. On Wednesday, May 25, the SHFE price plunged by US$48 per tonne to US$3,072 per tonne and further decreased to US$3,061 per tonne. However, on Friday, May 27, the price gained US$24 per tonne to settle at US$3,085 per tonne.

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