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.

22 OCTOBER 2019 AL CIRCLE

LME aluminium came off from a high overnight on dollar's gain; SHFE aluminium fell on weak fundamentals

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar recovered earlier losses afternoon as Brexit negotiations were once again thrown into disarray. The dollar index, which tracks the greenback against a basket of other currencies, rose from a nearly three-month low, ending 0.13% higher at 97.33. LME base metals closed mixed while SHFE complex mostly dropped. LME aluminium slipped 0.69% and SHFE aluminium fell 0.4%.

After a temporary gain on weak dollar over the day, LME aluminium went back to its downward curve overnight. Three-month LME aluminium relinquished earlier gains and came off from a high of US$1,741 per tonne to below all moving averages, closing at US1,724 per tonne. LME aluminium is likely to trade at US$1,710-1,750 per tonne today.

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LME

As on October 21, Monday, LME aluminium cash (bid) price stood at US$ 1735 per tonne, LME official settlement price stands at US$ 1735.50 per tonne; 3-months bid price stands at US$ 1741 per tonne, 3-months offer price is US$ 1742 per tonne; Dec 20 bid price stands at US$ 1823 per tonne, and Dec 20 offer price stands at US$ 1828 per tonne.

The LME aluminium opening stock dropped to 974625 tonnes. Live Warrants totalled at 802300 tonnes, and Cancelled Warrants were 172325 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1730 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) has dropped to USD 1997 per tonne today, 22 October 2019.

The most-traded SHFE December contract gave up most of the gains during the previous three sessions as loaded-up shorts weighed the contract below all moving averages right after it opened at RMB 13,880 per tonne yesterday. It closed the trading day 0.72% lower at RMB 13,760 per tonne. Trends in the December contract also weakened, as it fell below the five- and 10- day moving averages and failed to regain losses during the previous session, ending at RMB 13,770 per tonne. It is expected to trade at RMB 13,700-13,820 per tonne.

While weak fundamentals are set to keep aluminium prices under pressure in the fourth quarter, the pullback indicated wavering confidence in the market.

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