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.

22 NOVEMBER 2019 AL CIRCLE

LME aluminium continued upward trend on Thursday; growing aluminium stock to keep prices in check

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar continued to strengthen on Thursday against a basket of other currencies on rekindling of hope for a US-China trade deal. However, mixed signals on the progress of negotiations limited the greenback’s gains. LME and SHFE base metals closed mixed on Thursday. LME aluminium edged down 0.03% and SHFE aluminium gained 0.2%.

Three-month LME aluminium fluctuated to end a tad weaker at US$1,743.5 per tonne on Thursday. Aluminium stocks across LME warehouses continued to grow, standing at 1.17 million tonne as of November 21, which will keep LME aluminium prices in check. The contract is expected to move sideways between US$1,735-1,745 per tonne today.

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lme

As on November 21, Thursday, LME aluminium cash (bid) price stood at US$ 1752 per tonne, LME official settlement price stands at US$ 1753 per tonne; 3-months bid price stands at US$ 1735 per tonne, 3-months offer price is US$ 1736 per tonne; Dec 20 bid price stands at US$ 1805 per tonne, and Dec 20 offer price stands at US$ 1810 per tonne.

The LME aluminium opening stock increased to 1170675 tonnes. Live Warrants totalled at 990775 tonnes, and Cancelled Warrants were 179900 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1745 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) increased to US$ 2004 per tonne today November 22, 2019.

Investors cut their bearish position as a continued decline in social inventories of primary aluminium pointed to healthy downstream demand, lifting the most-active SHFE 2001 contract to a high of RMB 13,870 per tonne, before it ending up 0.8% at RMB 13,865 per tonne. The SHFE 2001 contract gained 0.18% to RMB 13,860 per tonne overnight, as a sharp decline in domestic social inventories of primary aluminium this week kept bears cautious. SHFE aluminium is expected to move between RMB 13,800-13,870 per tonne today. Spot premiums are seen at RMB 80-120 per tonne over the SHFE 1912 contract.

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