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.

27 SEPTEMBER 2019 AL CIRCLE

LME aluminium continued its decline yesterday; SHFE dropped ahead of National Day holiday

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar extended its gain on Thursday, with the index that measures the greenback against a basket of other currencies nearing a two-year high hit at the start of this month. LME base metals closed lower on Thursday. LME aluminium slipped 0.8% and SHFE aluminium declined 1.1%.

Downtrend continued for LME aluminium yesterday. Three-month LME aluminium fell on Thursday for a third straight day, losing 0.77% to end at US$1,739 per tonne, as the firmer greenback and weak demand overseas drove longs to trim their positions. LME aluminium is expected to trade rangebound at US$1,710-1,780 per tonne today.

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As on September 26, Thursday, LME aluminium cash (bid) price stood at US$ 1722 per tonne, LME official settlement price stands at US$ 1724 per tonne; 3-months bid price stands at US$ 1743 per tonne, 3-months offer price is US$ 1744 per tonne; Dec 20 bid price stands at US$ 1828 per tonne, and Dec 20 offer price stands at US$ 1833 per tonne.

The LME aluminium opening stock increased to 910575 tonnes. Live Warrants totalled at 727775 tonnes, and Cancelled Warrants were 182800 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1751 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) stands at USD 2031 per tonne today, 27 September 2019.

As longs continued to exit the market, the most-traded SHFE November contract fell below the 60-day moving average and finished at an intraday low of RMB 14,040 per tonne yesterday, down 0.74% on the day. The SHFE 1911 contract slipped 1.1% to end at a nearly seven-week low of RMB 13,920 per tonne overnight, as longs cut their positions ahead of the week-long National Day holiday. August Customs data showed that China’s exports of aluminium products have fallen for three consecutive months.

SMM data showed that social inventories of primary aluminium in China continued to fall this week, lowered by pre-holiday stockpiling by downstream consumers. Concerns about the sustainability of a consumption recovery after the break are brewing across the market however. The SHFE 1911 contract is expected to move between RMB 13,750-14,000 per tonne today, with spot premiums of RMB 20-40 per tonne over the 1910 contract.

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