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.

28 NOVEMBER 2018 AL CIRCLE

LME aluminium closed yesterday's trading slightly higher; pulled down overnight by rising dollar; SHFE follows trend

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar rose to the highest in two weeks after Federal Reserve vice chairman Richard Clarida said that the US central bank’s interest-rate policy should be aimed at sustaining economic expansion and that gradual interest-rate hikes are the best way forward. Base metals fell across the board, aluminium dropped 1.26%

The contract closed Tuesday’s trading at US$1925 per tonne, slightly higher than last closing. After the gain, LME aluminium settled below all moving averages at US$1,924.5 per tonne overnight. As the US dollar remains at highs, the contract is expected to trade US$1,920-1,940 per tonne today.

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As on November 27, Tuesday, LME aluminium cash (bid) price stood at US$ 1924.50 per tonne, LME official settlement price stands at US$ 1925 per tonne; 3-months bid price stands at US$ 1935 per tonne, 3-months offer price is US$ 1935.50 per tonne; Dec 19 bid price stands at US$ 2003 per tonne, and Dec 19 offer price stands at US$ 2004 per tonne.

The LME aluminium opening stock dropped to 1061700 tonnes. Live Warrants totalled at 796675 tonnes, and Cancelled Warrants were 265025 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1941per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped slightly to US$ 1961 per tonne today from US$ 1973 per tonne on November 27.

The SHFE 1901 contract fell to the day’s lows of RMB 13,740 per tonne after the contract climbed to an intraday high of RMB 13,810 per tonne in early morning trade. The contract then traded rangebound to finish at RMB 13,760 per tonne yesterday.

Recent supply cuts and the newly issued winter production curbs across Shandong’s Binzhou city are likely to provide a lift to aluminium prices in the short term, but we see limited upside room as the impact from Binzhou’s winter curbs is expected to be limited.

Lower costs of raw materials and poorer downstream demand continued to weigh on the contract, despite details of winter cuts on Shandong aluminium producers released Tuesday. The contract closed at RMB 13,705 per tonne overnight, after exiting longs pulled it down to a low of RMB 13,695 per tonne. The contract is likely to trade at RMB 13,650-13,750 per tonne with spot discounts at RMB 80-20 per tonne.

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