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.

11 MAY 2019 AL CIRCLE

LME aluminium had a weak run over the week while SHFE remained strong; trend to continue this week

EDITED BY : BEETHIKA BISWAS 2MINS READ

Labour Day holidays in China last week, re-escalations of trade tensions between Washington and Beijing and another LME holiday in the beginning of the week have driven the movements of LME and SHFE aluminium in this week. The US dollar increased on Monday as the cautious stance in the global markets sustained the upside momentum in the greenback, after the US President Donald Trump re-ignited trade effervescence on Sunday. The LME was closed for a bank holiday on Monday and it reopened trading on Tuesday.

LME aluminium fell below all moving averages to a low of US$1,796 per tonne last Friday night. After the trading reopened on Tuesday, May 7, Benchmark aluminium price on London Metal Exchange dropped to close at US$ 1767 per tonne from US$ 1783.5 per tonne on Friday, May 3. For the rest of the week, LME aluminium traded within a close range of US$ 1761 per tonne to US$ 1767 per tonne. The contract is trading at one of the lowest ranges in two years and is not likely to see any significant upward movement in the coming week.

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As on May 10, LME aluminium cash (bid) price stood at US$ 1764 per tonne, LME official settlement price stands at US$ 1765 per tonne; 3-months bid price stands at US$ 1800 per tonne, 3-months offer price is US$ 1800.50 per tonne; Dec 20 bid price stands at US$ 1918 per tonne, and Dec 20 offer price stands at US$ 1923 per tonne.

The LME aluminium opening stock stood at 1266575 tonnes. Live Warrants totalled at 849225 tonnes, and Cancelled Warrants were 417350 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1809 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange had an active run all through the week after the Labour Day holidays. The price ranged within US$ 2050 per tonne to US$ 2076 per tonne over the week.

The most traded SHFE June contract had a bullish week too. The contract rose during Friday, finishing the trading day 1.21% higher at RMB 14,170 per tonne. It has fully recovered from Monday’s sharp loss and stands firmly above the middle Bollinger band. SHFE aluminium is expected to stay at highs in the next week with a trading range of RMB 14,050-14,190 per tonne.

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