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.

31 MAY 2019 AL CIRCLE

LME aluminium closed 0.45% lower at US$ 1762/t; SHFE registers a drop

EDITED BY : HEENA IQBAL 2MINS READ

The US dollar came off from earlier highs on Thursday. LME base metals closed mixed on Thursday and aluminium fell 0.8%. SHFE base metals traded lower overnight and aluminium lost 0.2%.

Three-month LME aluminium dropped 0.84% on Thursday to close at US$1,781 per tonne. LME aluminium inventories gained 27,400 tonnes on the day to 212,400 tonnes. LME cash contract declined 0.45% from Wednesday and closed at US$ 1762 per tonne on Thursday, 30 May 2019. LME aluminium is expected to trade rangebound at lows or try to regain some ground today. The contract is likely to trade at US$1,780-1,800 per tonne.

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As on May 30, Thursday, LME aluminium cash (bid) price stood at US$ 1761.50 per tonne, LME official settlement price stands at US$ 1762 per tonne; 3-months bid price stands at US$ 1786.50 per tonne, 3-months offer price is US$ 1787 per tonne; Dec 20 bid price stands at US$ 1903 per tonne, and Dec 20 offer price stands at US$ 1908 per tonne.

The LME aluminium opening stock stood at 1164975 tonnes. Live Warrants totalled at 718600 tonnes, and Cancelled Warrants were 446375 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1795.88 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped to US$ 2046 per tonne today from US$ 2049 per tonne on Thursday.

The most-traded SHFE July contract dipped to a low of RMB14,115 per tonne as shorts loaded up their positions by nearly 4,000 lots after opening. SHFE July contract ended the day 0.56% lower at RMB14,140 per tonne yesterday, the third consecutive trading day of decline. Prices of alumina stemmed increase and this provided limited support to aluminium prices.

The most traded SHFE July contract fluctuated to close overnight 0.18% lower at RMB14,130 per tonne. Weaker consumption in some sectors and falling inventories offer downward and upward resistance. SHFE aluminium is expected to trade between RMB14,100-14,200 per tonne today, with spot premiums of up to RMB30 per tonne over the SHFE 1906 contract.