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.

18 JULY 2019 AL CIRCLE

LME aluminium continued upward for the third consecutive day; SHFE September contract regained losses

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar softened on lower US bond yields and expectations that the Federal Reserve would cut interest rates. The dollar index fell 0.17% and ended at 97.217. LME base metals traded higher across the board. Aluminium advanced 0.2% and SHFE aluminium lost 0.4%.

Three-month LME aluminium rose for the fourth straight trading day as it rallied from a low of US$1,836 per tonne to highs around US$1,848 per tonne, settling up 0.2% at US$1,847 per tonne. Three months aluminium is likely to trade at US$1,800-1,860 per tonne.

{alcircleadd}

lme

As on July 17, Wednesday, LME aluminium cash (bid) price stood at US$ 1818 per tonne, LME official settlement price stands at US$ 1819 per tonne; 3-months bid price stands at US$ 1838 per tonne, 3-months offer price is US$ 1839 per tonne; Dec 20 bid price stands at US$ 1938 per tonne, and Dec 20 offer price stands at US$ 1943 per tonne.

The LME aluminium opening stock registered dropped yesterday to 987275 tonnes. Live Warrants totalled at 700250 tonnes, and Cancelled Warrants were 287025 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1842 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) dropped to US$ 2012 today from US$ 2017 per tonne on Wednesday.

The most traded SHFE September contract recovered from earlier losses to close flat at RMB13,885 per tonne yesterday. The SHFE September contract pared some losses as it rebounded to end 0.32% lower on the day at RMB 13,840 overnight, after it slid to a low of RMB13, 825 per tonne. The contract is expected to hover at RMB13, 750-13,850 per tonne.

Aluminium fundamentals are getting impacted in the short term by the headwinds of lower alumina prices and weaker consumption in a low season, and tailwinds from an anticipated pick-up in consumption at the end of the third quarter. SHFE aluminium is expected to remain rangebound in the short run. SMM will release its weekly data on social inventories of primary aluminium ingots on Thursday, which will provide some direction for the market.

Tagged with: