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.

15 AUGUST 2019 AL CIRCLE

LME aluminium dipped overnight yesterday with rising US dollar; SHFE likely to trade rangebound

EDITED BY : BEETHIKA BISWAS 2MINS READ

US Treasury bond yield curve inverted for the first time since 2007 on Wednesday, which sparked fears of an economic recession and led to a plunge on Wall Street. The US dollar index rose 0.16% to 97.98. LME base metals closed lower on Wednesday. LME aluminium dipped 0.06% and SHFE aluminium rose 0.3%.

LME aluminium gained during day’s trading and closed higher, however, the contracts lost gained overnight with the rising dollar. Three-month LME aluminium slipped to an intraday low of US$1,769 per tonne, before it rallied to end the day a tad lower at US$1,784.5 per tonne. It is expected to trade between US$1,760-1,850 per tonne today.

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LME

As on August 14, Tuesday, LME aluminium cash (bid) price stood at US$ 1740.50per tonne, LME official settlement price stands at US$ 1741 per tonne; 3-months bid price stands at US$ 1772.50 per tonne, 3-months offer price is US$ 1773 per tonne; Dec 20 bid price stands at US$ 1865 per tonne, and Dec 20 offer price stands at US$ 1870 per tonne.

The LME aluminium opening stock dropped to 984250 tonnes. Live Warrants totalled at 693175 tonnes, and Cancelled Warrants were 291075 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1786 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) increased to US$ 2019 per tonne today from US$ 2011 per tonne on Wednesday.

The most-active SHFE October contract continued to hover at highs, driven by loaded-up longs and departing shorts. It climbed to an intraday high of RMB 14,205 per tonne and finished at RMB 14,175 per tonne, down 0.1% on the day. The October contract fluctuated to end 0.28% higher at RMB 14,200 per tonne overnight. SHFE aluminium is unlikely to extend its gains, as demand has yet to reach a high-season level. It is expected to trade rangebound in the short run, and to trade between RMB 14,000-14,200 per tonne today. Spot prices are seen in a discount of RMB 20 per tonne to a premium of RMB 20 per tonne today.

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