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 FEBRUARY 2019 AL CIRCLE

LME aluminium gained slightly during night trading; SHFE to test pressure at 60-day moving average

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar slid to a three-week low on Tuesday. LME base metals traded mixed on Tuesday and aluminium rose 0.7%. SHFE base metals also saw mixed performance overnight and aluminium lost 0.2%.

LME aluminium contract fell to US$ 1870 per tonne during the day’s closing yesterday despite the dollar loss; however, it regained some losses during night trading. The three-month LME aluminium rebounded from a session low of US$1,891 per tonne to finish Tuesday 0.7% higher at US$1,917 per tonne. The unwinding of short positions accounted for the majority of Tuesday gains in LME aluminium. LME aluminium is expected to trade at US$1,900-1,920 per today.

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As on February 26, LME aluminium cash (bid) price stood at US$ 1869 per tonne, LME official settlement price stands at US$ 1870 per tonne; 3-months bid price stands at US$ 1898 per tonne, 3-months offer price is US$ 1899 per tonne; Dec 19 bid price stands at US$ 2038 per tonne, and Dec 19 offer price stands at US$ 2043 per tonne.

The LME aluminium opening stock decreased to 1228475 tonnes. Live Warrants totalled at 643575 tonnes, and Cancelled Warrants were 584900 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1903 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange slightly dropped to US$ 2049 per tonne today from US$ 2051 per tonne on February 26.

The SHFE dominant contract ended its increase for six consecutive trading days as it faced pressure at the 60-day moving average. A buildup of open interests by 5,238 lots transferred the SHFE 1905 contract into the dominant contract yesterday. It dipped to a low of RMB 13,680 per tonne after it increased in early trades, and lost gains accumulated on Monday, to settle at RMB13,690 per tonne. The most active SHFE May aluminium contract hovered around the five-day moving average and closed lower at RMB 13,690 per tonne overnight. It is expected to trade RMB13,650-13,800 per tonne today with spot discounts at RMB 90-50 per tonne against the SHFE 1903 contract. The contract is likely to continue to test pressure at the 60-day moving average.

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