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.

26 JUNE 2019 AL CIRCLE

LME aluminium closed 1.6% higher yesterday on positive macroeconomic sentiment; SHFE struggles at RMB 14,000/t level

EDITED BY : BEETHIKA BISWAS 2MINS READ

The dollar index, which measures the greenback against six major currencies, rebounded from a more than three-month low and gained 0.21% on the day to end at 96.185. Base metals traded higher for the most part as LME aluminium increased 0.7% and SHFE aluminium went up 0.3%.

Upbeat macroeconomic sentiment buoyed three-month LME aluminium to a high of US$1821.5 per tonne, after it hovering around the five- and 10- day moving averages. It closed 0.72% higher at US$1,813 per tonne, supported by longs, with the K-indicator testing the 60-day moving average above. LME cash contract also closed 1.6% higher over the previous day at US$ 1776.50 per tonne. Three months LME aluminium is likely to trade at US$1,790-1,830 per tonne today.

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LME Aluminium

As on June 25, Tuesday, LME aluminium cash (bid) price stood at US$ 1776 per tonne, LME official settlement price stands at US$ 1776.50 per tonne; 3-months bid price stands at US$ 1800 per tonne, 3-months offer price is US$ 1801 per tonne; Dec 20 bid price stands at US$ 1917 per tonne, and Dec 20 offer price stands at US$ 1922 per tonne.

The LME aluminium opening stock dropped to 1007300 tonnes. Live Warrants totalled at 637100 tonnes, and Cancelled Warrants were 370200 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1799 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) increased slightly to US$ 2020 per tonne today from US$ 2019 per tonne on Tuesday.

As shorts covered their positions, the most traded SHFE August contract climbed in afternoon trade, recovering from earlier losses to close 0.8% higher at RMB 13,910 per tonne, above the five-day moving average. The SHFE August contract then recovered after it fell below support from RMB 13,870 per tonne, ending at RMB 13,915 per tonne. It is expected to trade between RMB 13,800-14,200 per tonne. SHFE aluminium is likely to continue to struggle to breach the RMB 14,000 per tonne level after the market digests the latest development in US-China trade talks.

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