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 APRIL 2019 AL CIRCLE

LME aluminium continues to struggle upward today; SHFE is bolstered by China's upbeat economic data

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar weakened against a basket of foreign currencies on Wednesday as better-than-expected economic data in China bolstered risk appetite. LME base metals traded mixed on Wednesday. LME aluminium dipped 0.05% and SHFE aluminium advanced 0.5%.

Three-month LME aluminium came off from a week-high of US$1,872.5 per tonne to end marginally lower at US$1,852.5 per tonne on Wednesday. Cash settlement price stood at US$ 1840.50 per tonne at the closing, a slight gain from previous day. LME aluminium has been on a steady downward curve from the beginning of April. With limited support from fundamentals, LME aluminium is expected to trade between US$1,840-1,880 per tonne today.

{alcircleadd}

As on April 16, LME aluminium cash (bid) price stood at US$ 1840 per tonne, LME official settlement price stands at US$ 1840.50 per tonne; 3-months bid price stands at US$ 1857 per tonne, 3-months offer price is US$ 1858 per tonne; Dec 20 bid price stands at US$ 1985per tonne, and Dec 20 offer price stands at US$ 1990 per tonne.

The LME aluminium opening stock dropped to 1060800 tonnes. Live Warrants totalled at 681725 tonnes, and Cancelled Warrants were 379075 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1859 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 2096 per tonne today from US$ 2077 per tonne on April 17.

China’s stronger-than-expected economic data for Q1 supported the most-traded SHFE June contract, which climbed to a high of RMB 14,005 per tonne and ended at RMB 13,990 per tonne yesterday. Open interests across all SHFE aluminium contracts grew 38,382 lots with longs accounting for the most. The SHFE June contract then climbed to RMB 14,060 per tonne, a high of this year, before it ended 0.5% higher at RMB 14,030 per tonne overnight. The shutdown of more than 500,000 tpy capacity of Shandong Weiqiao for a capacity swap also supported the market. SHFE aluminium is expected to trade between RMB 13,950-14,100 per tonne today with spot discounts of up to RMB 40 per tonne.

Tagged with: