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.

07 MAY 2020 AL CIRCLE

LME aluminium extended growth to US$1443/t on lower opening stock; SHFE increased to US$1816/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar continued to rebound on Wednesday, as investors turned to the safe-haven currency in the wake of dire global economic data. The greenback advanced to its highest in more than a week against a basket of major currencies.

Three-month LME aluminium came off after climbed, closing down 0.5 per cent on the day at US$ 1,482.5 per tonne. Concerns about the strength of demand recovery may limit any upward momentum in LME aluminium.

{alcircleadd}

As of Wednesday, May 6, LME aluminium cash (bid) price as well as LME official settlement price extended growth from US$ 1438.5 per tonne to US$ 1443 per tonne. 3-months bid price and 3-months offer price also increased from US$ 1479.5 per tonne to US$ 1481 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1609.5 per tonne, up US$ 5 per tonne from US$ 1604.50 per tonne on the previous day.

The LME aluminium opening stock, on the other hand, recorded a marginal decline from 1355025 tonnes on Tuesday to 1352525 tonnes on Wednesday, May 6. Live Warrants totalled at 1176650 tonnes and Cancelled Warrants 175875 tonnes.

LME aluminium 3-months Asian Reference Price hovered at US$ 1487.14 per tonne after rising from US$ 1482.16 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE further increased by US$ 7 per tonne to US$ 1816 per tonne, as of Thursday, May 7, 2020.

The most-liquid SHFE June contract scaled a seven-week peak of RMB 12,760 per tonne twice during the day, once in morning trade and the other in the final minutes of trading. It finished the day 1.43 per cent higher at RMB 12,740 per tonne. Recent gains bolstered by short-covering have sent the contract above the 60-day moving average. SMM data showed a 32,000 tonnes decline in social inventories of primary aluminium ingots in China over the holiday, pointing to positive fundamentals that will keep futures prices firm.

The most-liquid SHFE June contract, meanwhile, extended its increase from a week ago as falling domestic inventories suggested healthy consumption. It is expected to trade between RMB 12,600-12,900 per tonne today with LME aluminium at US$1,470-1,500 per tonne.

Tagged with: