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.

03 MARCH 2017 AL CIRCLE

LME aluminium closes lower at US$1,929 on March 2; SHFE aluminium slips in tandem

EDITED BY : DIPANWITA GUPTA 2MINS READ

LME aluminium slipped as positions rose during Thursday's night trading. The contract declined marginally by 0.25 per cent from Wednesday's closing of US$1,934 per tonne to close at US$1,929 per tonne on Thursday, March 2. As Shanghai Meals Market (SMM) finds it, LME aluminium will test support at the 5 and 10-day moving averages and trade at US$1,890-1,920 per tonne on Friday, March 3.

As on March 2, LME official cash buyer price of aluminium stands at US$1,927 per tonne, cash seller & settlement price is US$1,929 per tonne, 3M buyer price is US$1,935 per tonne, 3M seller price is US$1,936 per tonne, Dec1 buyer price is US$1,970 per tonne, and Dec1 seller price is US$1,975 per tonne. The current LME official Opening Stock of aluminium is estimated at 2180775 tonnes, total Live Warrants is 1302975 tonnes, and Cancelled Warrant is 877800 tonnes.

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News

As on March 1, LME Aluminium US Premium stands at US$215, LME Aluminium West-Europe Premium remains unchanged at US$95, LME Aluminium East-Asia Premium is US$95 and LME Aluminium South-East Asia Premium is US$15.

In China, the benchmark price of aluminium on Shanghai Metal Exchange (SME) has dropped in tandem with the LME aluminium price. The price is down by 1.14 per cent from its previous day's price of US$2,009 per tonne on Thursday to stand at US$1,986 per tonne on Friday, March 3.

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Aluminium contracts traded on Shanghai Futures Exchange (SHFE) dropped during Thursday's trading hours impacted on by the LME aluminium prices. SHFE 1704 aluminum after opening at RMB 14,225 per tonne declined to RMB 14,080 per tonne. SMM predicts after the sharp decline the contract will rally and test the 5, 10 and 20-day moving averages on Friday and will hover in the range of RMB 13,850-14,050 per tonne.

News

Source: http://en.shmet.com

Spot aluminium in China's domestic market is expected to trade at discounts of RMB 220-180 per tonne on Friday.

SMM sends out a message of caution for the traders. China’s NPC&CPPCC sessions will be opening on Friday. So, traders should be watching out for the signals for economic work in 2017.

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