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.

13 NOVEMBER 2018 AL CIRCLE

LME aluminium dipped to another new low with rising dollar; both LME and SHFE unlikely to rebound significantly

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar closed at 97.56, a 16-month high against a basket of currencies as investors built bets on an increase in interest rates next month. Brexit deal concerns and a growing rift in Europe over Italy's budget also buoyed the dollar. Amid fresh uncertainty over Brexit deal, the pound slipped under $1.29 during overnight Asian trading and extended its decline later as London opened 1% lower on the day.

LME aluminium dipped to another new low as it closed Monday’s trading at US$1934 per tonne. During night trading, it dropped to a low of US$1,937 per tonne after it failed to test resistance above twice overnight. Pressured by a stronger US dollar, it is expected to trade at US$1,920-1,950 per tonne today.

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As on November 12, Monday, LME aluminium cash (bid) price stood at US$ 1933 per tonne, LME official settlement price stands at US$ 1934 per tonne; 3-months bid price stands at US$ 1942 per tonne, 3-months offer price is US$ 1942.50 per tonne; Dec 19 bid price stands at US$ 2005 per tonne, and Dec 19 offer price stands at US$ 2010 per tonne.

The LME aluminium opening stock rose to 1056450 tonnes. Live Warrants totalled at 745750 tonnes, and Cancelled Warrants were 310700 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1956.43 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped to US$ 1973 per tonne today from US$ 1986 per tonne on November 12.

Short-covering boosted the SHFE 1901 contract to an intraday high of RMB 13,920 per tonne from an intraday low of RMB 13,820 per tonne yesterday. Open interest for the contract shrank by over 1,500 lots in 30 minutes. The contract then came off from the intraday high to close at RMB 13,860 per tonne on Monday, lower than at closing on Friday. The SHFE 1901 contract then dropped to a low of RMB 13,735 per tonne at night right after opening. Limited upward momentum kept the contract around RMB 13,770 per tonne and closed at RMB 13,765 per tonne. It is unlikely to rebound significantly today and will trade at RMB 13,700-13,840 per tonne, with spot discounts down to RMB 40 per tonne.

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