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.

16 OCTOBER 2019 AL CIRCLE

LME aluminium gained overnight with dollar's fall; SHFE to trade strong on positive fundamentals

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar weakened against a basket of its rivals on Tuesday as expectations for a further easing from the Fed grew amid fading optimism over the latest China-US trade truce. LME base closed higher on Tuesday. Aluminium rose 0.6%. SHFE aluminium gained 0.3%.

LME aluminium continued downward trading over the day but recovered some losses at night. Three-month LME aluminium recovered from earlier losses to close 0.61% higher at US$1,729.5 per tonne on Tuesday, as shorts trimmed their positions. LME aluminium remained under pressure from moving averages, and is expected to trade between US$1,710-1,740 per tonne today.

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LME

As on October 15, Tuesday, LME aluminium cash (bid) price stood at US$ 1701.50 per tonne, LME official settlement price stands at US$ 1702 per tonne; 3-months bid price stands at US$ 1714 per tonne, 3-months offer price is US$ 1716 per tonne; Dec 20 bid price stands at US$ 1800 per tonne, and Dec 20 offer price stands at US$ 1805 per tonne.

The LME aluminium opening stock increased to 985900 tonnes. Live Warrants totalled at 817350 tonnes, and Cancelled Warrants were 168550 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1716 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) has decreased to USD 1994 per tonne today, 16 October 2019.

The most-active SHFE contract shifted to the December contract, which halted its five straight days of decline and recovered to a high of RMB 13,790 per tonne, ending up 0.22% at RMB 13,765 per tonne yesterday. The most traded SHFE 1912 contract advanced 0.29% to end at RMB 13,790 per tonne overnight. An ongoing high consumption season, new capacity commissioning delays and higher alumina prices will provide support to SHFE aluminium in the short term. The contract is expected to trade between RMB 13,720-13,820 per tonne today, with spot premiums of RMB 20-60 per tonne.

Shorts booked profits and exited amid a downtrend in primary aluminium social inventories. Stabilising domestic consumption may soften the downward pressure on prices this week.

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