Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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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.

22 DECEMBER 2016 AL CIRCLE

LME aluminium improves but weak tone to prevail, says SMM

EDITED BY : DIPANWITA GUPTA 3MINS READ

LME aluminium price improved on Wednesday's night trading to close at US$1,730.5 per tonne, up 0.46 per cent from the previous day. The contract is predicted to move in the range of US$1,720-1,735 per tonne on Thursday, December 22. However, Shanghai Metals Market analysts say due to significant capital withdrawal prior to Christmas, positions will reduce sharply and a weak tone would prevail in the base metals market including aluminium.

As on December 21, LME official CASH Buyer price of aluminium is US$1730 per tonne, CASH Seller & Settlement price is US$1730.5 per tonne, 3M Buyer price is US$1720 pe tonne, 3M Seller price is US$1721 per tonne, DEC1 Buyer price is US$1733 per tonne, and DEC1 Seller price is US$1738 per tonne. LME official Opening Stock of aluminium currently stands at 2109450 tonnes, total Live Warrants is estimated at 1486025 tonnes, and Cancelled Warrant is 648525 tonnes.

News
In China, benchmark price of aluminium traded on Shanghai Metal Exchange edged higher by 0.96 per cent from the previous day to stand at US$1,879 per tonne on Thursday. December 22.

According to an SMM update, aluminium traded on Shanghai Futures Exchange- SHFE 1612 aluminium opened at RMB 12,790 per tonne on Wednesday and then dropped due to exit of market players. During the afternoon trading, SHFE 1702 aluminium advanced to RMB 12,890 per tonne quickly with a large amount of positions closing by shorts and finally closed at RMB 12,880 per tonne. Trading volumes fell to 232,076 and positions dropped 23,054 to 272,976. The contract is expected to move to a higher range at RMB 12,790-12,950 per tonne on Thursday, supported by strong spot aluminium.

Spot aluminium in China’s domestic market should trade at premiums of RMB 100-140/mt on Thursday, predicts SMM.

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A number of US economic data are scheduled for release on Thursday. These include annual real GDP of the US in Q3, initial jobless claim from the week ending December 16, durable goods orders of November, core PEC price index of November’s and personal receipts and disbursements of the same month.

That there is pressure in the market is evident from aluminium's price fluctuations over the last few days. SMM forecasts, trading will remain muted on Thursday.