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 AUGUST 2019 AL CIRCLE

LME aluminium closed higher after higher Chinese tariff announcement on American goods; SHFE remains flat

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar dipped broadly on Friday after President Donald Trump ordered US companies to start looking for an alternative to China after Beijing imposed more tariffs on American goods. China announced retaliatory tariffs against about US$75 billion worth of US goods, putting as much as an extra 10% on top of existing rates. The dollar index slipped some 0.6% and finished at 97.65.

LME base metals closed mixed while SHFE metals ended mostly lower. LME aluminium edged higher and SHFE aluminium closed flat.

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Three-month LME aluminium rebounded swiftly after the announcement of higher Chinese tariffs on American goods depressed base metal prices on Friday. It edged higher on the day and closed at RMB 1,767 per tonne, with the trading range expected at US$1,700-1,780 per tonne today.

As on August 23, Friday, LME aluminium cash (bid) price stood at US$ 1745 per tonne, LME official settlement price stands at US$ 1746 per tonne; 3-months bid price stands at US$ 1769.50 per tonne, 3-months offer price is US$ 1770 per tonne; Dec 20 bid price stands at US$ 1853 per tonne, and Dec 20 offer price stands at US$ 1858 per tonne.

The LME aluminium opening stock dropped to 935200 tonnes. Live Warrants totalled at 656500 tonnes, and Cancelled Warrants were 278700 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1788 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) has dropped to stand at US$ 1991 per tonne today from US$ 2012 per tonne on Friday.

The greater unwinding of long positions knocked the most traded SHFE 1910 contract to a four-day low of RMB 14,240 per tonne, before the contract clawed back some losses to end 0.35% lower at RMB 14,285 per tonne. The SHFE October contract settled flat last Friday night at RMB 14,285 per tonne with support from fundamentals. It is expected to trade at RMB 14,250-14,350 per tonne today with spot premiums up to RMB 40 per tonne.

Investors appeared to have digested the news of less capacity in operation in Shandong and Xinjiang, and moved their positions to the forward contract. While supply holds stable with capacity cuts in Sichuan offset by newly-commissioned capacity in Guangxi, rising social inventories will hurt long confidence. SHFE aluminium is expected to remain firm and rangebound.

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