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 MARCH 2017 AL CIRCLE

LME aluminium drops further, SHFE aluminium to test support at 60-day moving average

EDITED BY : BEETHIKA BISWAS 3MINS READ

After experiencing a bullish run since the beginning of 2017, LME aluminium dropped below the 40-day moving average for the first time, indicating bearish trends. After dropping down to USD 1,882 per tonne on Monday, March 13, LME aluminium closed at $ 1,851 per tonne on Tuesday, March 14 registering 1.6% drop from last closing price. As seen by SMM, LME aluminium is expected to trade at USD 1,840-1,870/mt on Wednesday.

News

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As on March 14, LME official cash buyer price of aluminium stands at US$1850 per tonne, cash seller & settlement price is US$ 1851 per tonne, 3M buyer price is US$ 1862 per tonne, 3M seller price is US$ 1862.50 per tonne, Dec1 buyer price is US$ 1902 per tonne, and Dec1 seller price is US$ 1907 per tonne. The current LME official Opening Stock of aluminium is estimated at 2033000 tonnes, total Live Warrants at 1293100 tonnes, and Cancelled Warrant at 739900 tonnes.

As on March 13, LME Aluminium US Premium stands at US$ 215, LME Aluminium West-Europe Premium is US$ 95, LME Aluminium East-Asia Premium is US$100 and LME Aluminium South-East Asia Premium is US$15. (per tonne)

According to an SMM report, in China’s domestic market, downstream demand is improving, so shorts mainly take short-term operational plan. But, high inventories and falling short of policy expectations also restrict bullish sentiment, with shorts in the upper hand, undermining its support at the 60-day moving average.

The benchmark price of aluminium on Shanghai Metal Exchange (SME) has dropped further from US$ 1,962 per tonne on Tuesday, March 14 to stand at US$ 1,945 per tonne on Wednesday, March 15. Spot aluminium in China’s domestic market is estimated to trade at discounts of RMB 90-50/mt on Tuesday.

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On Tuesday, SHFE 1705 aluminum started at RMB 13,820/mt and then declined to RMB 13,760/mt. SHFE 1705 aluminum ended at RMB 13,655/mt. After testing support at the 60-day moving average on Tuesday’s night trading, SHFE 1705 aluminum is estimated to fluctuate between RMB 13,550-13,770/mt on Wednesday.

According to an SMM analysis, US crude oil inventories last week, February retail sales and New York Fed’s manufacturing index in March, which will be released today, will influence all base metals. Chinese Premier Li Keqiang’s statement at a press conference after the NPC & CPPCC and Netherlands’ general election will be also a focus of markets. All base metals including aluminium are expected to remain range-bound today.

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