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 SEPTEMBER 2018 AL CIRCLE

LME aluminium gains on quick clearing of warehouse stock; SHFE has closed lower for three consecutive days

EDITED BY : BEETHIKA BISWAS 2MINS READ

The dollar gained on Wednesday in choppy trading after the Federal Reserve raised US interest rates as expected for the eighth time.

LME aluminium gained and closed higher from the previous day at US$ 2056.5 per tonne on Wednesday on quick dropping of LME inventory. More and more metal are moving out of the LME warehouses with the extension of Rusal’s sanction deadline. Aluminium inventories in warehouses approved by the London Metal Exchange fell below 1 million tonnes for the first time since March 2008. The contract then traded range bound and closed at US$2,055 per tonne overnight and is expected to continue such rangebound pattern today with a trading range of US$2,040-2,100 per tonne.

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As on September 26, LME aluminium cash (bid) price stands at US$ 2056 per tonne, LME official settlement price stands at US$ 2056.50 per tonne; 3-months bid price stands at US$ 2080 per tonne, 3-months offer price is US$ 2081 per tonne; Dec 19 bid price stands at US$ 2135 per tonne, and Dec 19 offer price stands at US$ 2140 per tonne.

The LME aluminium opening stock dropped further and quicker to 999925 tonnes. Live Warrants totalled at 674100 tonnes, and Cancelled Warrants were 325825 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2062.42 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped to US$ 2100 per tonne today from US$ 2114 per tonne on September 26.

The SHFE 1811 contract slid for two times yesterday as investors covered their longs ahead of the upcoming National Day holiday. The contract settled at RMB 14,540 per tonne with open interests down 6,398 lots to 226,000 lots. The contract initially hovered around RMB 14,550 per tonne within a band of RMB 10 per tonne before it dropped to a low of RMB 14,515 per tonne overnight. It then hovered around RMB 14,530 per tonne and ended at RMB 14,525 per tonne.

The contract has closed lower for three consecutive days. SMM expects a weak performance for the contract today given the news that Rusal seeks to establish trading team in China. The SHFE 1811 contract is likely to trade at RMB 14,500-14,750 per tonne with spot prices at discounts of RMB 40 per tonne to premiums of RMB 10 per tonne.

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