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.

26 MARCH 2018 AL CIRCLE

LME aluminium continues downward trend on bearish sentiment; SHFE awaits consumption recovery

EDITED BY : BEETHIKA BISWAS 2MINS READ

Continuing with its downward pressure, LME aluminium is hovering at its lowest since late December. Metal prices also came under pressure amid mounting investor concerns that growing trade tensions would hurt the equilibrium in the global economy. LME aluminium saw weaker performance than its SHFE counterpart. LME aluminium closed the last week at US$2049 per tonne on Friday March 23 after registering a slight gain on Thursday’s closing. SMM expects LME aluminium to stay rangebound at lows with trading range at $2,045-2,065 per tonne today.

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As on March 23, LME aluminium cash (bid) price stands at US$ 2048 per tonne, LME official settlement price stands at US$ 2049 per tonne; 3-months bid price stands at US$ 2070 per tonne, 3-months offer price is US$ 2072 per tonne; Dec 19 bid price stands at US$ 2120 per tonne, and Dec 19 offer price is US$ 2125 per tonne.

The LME aluminium opening stock has dropped to 1276375 tonnes. Live Warrants totalled at 1043875 tonnes, and Cancelled Warrants were 232500 tonne.

LME aluminium 3-months ABR price is hovering low at US$ 2067.20 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased slightly from US$ 2145 per tonne on March 23 to US$ 2147 per tonne on March 26, while the market is worried over the U.S. trade policies, uncertainty on the domestic aluminium production control and downstream consumption growth.

According to SMM, the SHFE contract is expected to trade at RMB 13,700-13,870 per tonne. Spot discounts are seen at RMB 120-80 per tonne. Protectionist trade policies by the US against China dragged SHFE aluminium below moving averages. However, the anticipated recovery of consumption is expected to support bullish sentiments in the short term.

The rising trade tension dragged the US dollar index down to a one-month low of 89.496, down 0.39% during the day, and down 0.76% over the week. Such bearish sentiment also led base metals to fall across the board. The US’ Dallas Fed Manufacturing Index and China’s launch of its own crude oil futures contract are two key things to watch today.

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