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.

04 DECEMBER 2019 AL CIRCLE

LME aluminium closed lower on Tuesday night after a bullish day; SHFE traded higher on healthy consumption

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar extended its decline on Tuesday against a basket of its rivals as disappointing manufacturing data and new developments in global trade tensions rattled greenback investors. LME base metals closed lower on Tuesday and aluminium tumbled 1.3%. The SHFE complex traded mixed overnight and aluminium increased 0.3%.

LME aluminium had a bullish run over the day and closed day's trading at US$1802 per tonne. Following the downtrend across the nonferrous complex, three-month LME aluminium retreated from three-week highs on Tuesday night and lost 1.31% to US$1,768/mt. The unwinding of long positions primarily accounted for the loss in LME aluminium overnight. It is expected to trade rangebound between US$1,750-1,800 per tonne today.

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LME

As on December 3, Tuesday, LME aluminium cash (bid) price stood at US$ 1801.50 per tonne, LME official settlement price stands at US$ 1802 per tonne; 3-months bid price stands at US$ 1787 per tonne, 3-months offer price is US$ 1788 per tonne; Dec 20 bid price stands at US$ 1850 per tonne, and Dec 20 offer price stands at US$ 1855 per tonne.

The LME aluminium opening stock increased again to 1277300 tonnes. Live Warrants totalled at 1120775 tonnes, and Cancelled Warrants were 156525 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1782 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) dropped to US$ 1993 per tonne today December 4, 2019.

The most-liquid SHFE 2001 contract trimmed increase from the prior three sessions as long position booked profits and exited. The contract fell below the 60-day moving average and hit a low of RMB 13,915 per tonne, but still ended 0.36% higher on the day at RMB 13,945 per tonne. The SHFE 2001 contract fluctuated to close 0.25% higher at RMB 13,985 per tonne overnight, as investors added long positions. Bearish investors, meanwhile, are moving to later-dated contracts. The SHFE 2001 contract is expected to trade between RMB 13,830-14,000 per tonne today, with spot premiums of RMB 50-70 per tonne over the SHFE 1912 contract.

Prices will be underpinned and rangebound if primary aluminium inventories continue to shrink. The key RMB 14,000 per tonne level will be watched in the near term.

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