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.

27 JULY 2018 AL CIRCLE

LME aluminium feels pressure on rising US dollar despite the ease out of trade war between US and EU; SHFE stays rangebound

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar rose 0.6% last night to close at 94.76 as the euro fell. Base metals inched up for the most part as market worries eased after the US and EU stepped back from a potential trade war and agreed to be at the negotiation table. LME aluminium closed yesterday’s trading at US$ 2054 per tonne and felt pressure at the 20-day moving average during the European trading session as the US dollar strengthened. With support at the 10-day moving average, it closed the night trading at US$2,068 per tonne after dipping to a low of US$2,053 per tonne. With LME inventory going down 1,625 tonne to 1,207,600 tonnes, the contract is expected to trade rangebound at US$2,052-2,080 per tonne today.

{alcircleadd}

As on July 26, LME aluminium cash (bid) price stands at US$ 2053.50 per tonne, LME official settlement price stands at US$ 2054 per tonne; 3-months bid price stands at US$ 2064.50 per tonne, 3-months offer price is US$ 2065.50 per tonne; Dec 19 bid price stands at US$ 2113 per tonne, and Dec 19 offer price stands at US$ 2118 per tonne.

The LME aluminium opening stock dropped to 1207600 tonnes. Live Warrants totalled at 890275 tonnes, and Cancelled Warrants were 317325 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2066.22 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped slightly to US$ 2085 per tonne on July 27, from US$ 2090 per tonne on July 26.

The SHFE 1809 contract failed to break pressure at RMB14,350 per tonne yesterday after it dipped from a high of RMB 14,355 per tonne in the morning. It hovered above its daily moving average, and closed at RMB 14,330 per tonne, down RMB 70 per tonne from Wednesday. As SHFE base metals gained across the board overnight, the September aluminium contract jumped to a high of RMB 14,385 per tonne with support at the five- and 40-day moving averages. Its trading range today is set at RMB 14,300-14,450 per tonne, with spot discounts at RMB 120-80 per tonne.

Key things to watch today will be of profits of Chinese industrial companies above a designated size in June, the US GDP and personal consumption expenditures (PCE) price index in the second quarter, as well as the University of Michigan consumer confidence index in July.

Tagged with: