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 AUGUST 2019 AL CIRCLE

LME aluminium fell overnight after the news of operation resumption at Achinsk alumina; SHFE likely to pick up in the short term

2MINS READ

The US dollar rebounded from earlier lows on Tuesday, after China's central bank said that it would not use currency as a tool to deal with trade disputes. China on Monday let its currency weaken past 7 to the dollar, its lowest level since the 2008 financial crisis, which led the US to label Beijing a currency manipulator. Most LME base metals closed higher on Tuesday. LME aluminium shed 0.2% and SHFE aluminium fell 0.2%.

Three-month LME aluminium dropped to a low of US$1,759.5 per tonne on Tuesday before it recovered some ground at end 0.23% lower at US$1,762 per tonne. Tuesday’s losses could be attributed to the news that Rusal has resumed its Achinsk alumina plant which suspended operations earlier this week after a fire broke out nearby. A stronger US dollar is likely to weigh on LME aluminium, which will trade between US$1,700-1,800 per tonne today.

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LME

As on August 6, Tuesday, LME aluminium cash (bid) price stood at US$ 1740 per tonne, LME official settlement price stands at US$ 1740.50 per tonne; 3-months bid price stands at US$ 1766 per tonne, 3-months offer price is US$ 1766.50 per tonne; Dec 20 bid price stands at US$ 1868 per tonne, and Dec 20 offer price stands at US$ 1873 per tonne.

The LME aluminium opening stock dropped yesterday to 1017700 tonnes. Live Warrants totalled at 756875 tonnes, and Cancelled Warrants were 260825 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1765 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) dropped to US$ 1967 per tonne today from US$ 1975 per tonne on Tuesday.

The most-active SHFE September contract traded rangebound with a high of RMB 13,910 per tonne yesterday as the market again looked at fundamentals. It pared some gains and closed the trading day 0.29% higher at RMB13,865 per tonne, with open interests up 2,608 lots to 216,460 lots. As longs trimmed their positions, the September contract lost 0.18% to end at RMB 13,855 per tonne overnight. SHFE aluminium is expected to strengthen in seesaw trade in August-September as demand will pick up earlier than the commissioning of capacity. The contract is expected to trade between RMB 13,800-13,900 per tonne today, with spot prices in a discount of RMB 20 per tonne to a premium of RMB 20 per tonne.

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