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.

25 NOVEMBER 2019 AL CIRCLE

LME aluminium dropped on Friday with dollar's gain; SHFE remains strong on shrinking inventory

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar strengthened on Friday against a basket of other currencies, erasing earlier losses on improved US manufacturing output and services data. LME base metals closed mixed in Friday and aluminium fell 0.2%. The SHFE complex drifted higher and aluminium inched up 0.1%.

LME aluminium dropped after two consecutive rises. Three-month LME aluminium slipped to an intraday low of US$1,735.5 per tonne on Friday, before it regained some losses to end down 0.2% at US$1,740 per tonne. LME aluminium today is expected to come under pressure from the firmer greenback, and move between US$1,730-1,745 per tonne.

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LME

As on November 22, Friday, LME aluminium cash (bid) price stood at US$ 1749.50 per tonne, LME official settlement price stands at US$ 1750 per tonne; 3-months bid price stands at US$ 1738 per tonne, 3-months offer price is US$ 1738.50 per tonne; Dec 20 bid price stands at US$ 1807 per tonne, and Dec 20 offer price stands at US$ 1812 per tonne.

The LME aluminium opening stock increased to 1180400 tonnes. Live Warrants totalled at 1000875 tonnes, and Cancelled Warrants were 179525 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1741 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) dropped to US$ 2003 per tonne today November 25, 2019.

Departing longs weighed the most-traded SHFE 2001 contract to an intraday low of RMB 13,820 per tonne, before short-covering lifted the contract and ended it higher at RMB 13,855 per tonne on Friday. The SHFE 2001 contract rose to a two-week high of RMB 13,880 per tonne on Friday night, before it weakened to close 0.11% higher at RMB 13,855 per tonne. Limited downside is expected in SHFE aluminium as falling inventories keep shorts cautious. The contract is expected to trade between RMB 13,800-13,870 per tonne today, with spot premiums of RMB 70-110 per tonne over the SHFE 1912 contract.

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