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.

15 JANUARY 2020 AL CIRCLE

LME aluminium inched up by US$1 per tonne amidst steady US dollar; SHFE aluminium narrowed by 0.32%

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar held steady against a basket its rivals on Tuesday, while sterling was the weakest performer after tepid growth increased the likelihood that the Bank of England will cut interest rates this month.

Three-month LME aluminium retreated to its lowest in more than a week at US$ 1,788.5 per tonne in European trading hours, before it recovered some ground to close the trading day 0.77 per cent weaker at US$ 1,798 per tonne. LME aluminium gave back all the gains from the previous two days, as was expected to trade between US$ 1,780 per tonne and US$ 1,810/ per tonne on January 14.

{alcircleadd}

LME aluminium inched up by US$1/t

LME aluminium cash (bid) price, on January 14, came in at US$ 1767 per tonne, while LME official settlement price at US$ 1767.5 per tonne. 3-months bid price rose to US$ 1796 per tonne and 3-months offer price US$ 1797 per tonne. Dec 20 bid price stood at US$ 1933 per tonne, and Dec 20 offer price at US$ 1938 per tonne.

The LME aluminium opening stock dropped to 1381175 tonnes. Live Warrants totalled at 762100 tonnes and Cancelled Warrants 619075 tonnes.

LME aluminium 3-months Asian Reference Price hovered at US$ 1796.50per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) continued to remain unchanged at US$2099 per tonne, as of Wednesday, January 15, 2020.

The price gap between the SHFE January and February contracts narrowed to RMB 470 per tonne by Tuesday’s close. SMM expects SHFE aluminium contracts to remain weak prior to the release of SMM primary aluminium social inventory data on Thursday.

The most traded SHFE 2003 contract shed 0.32 per cent in overnight trading session to end at RMB 13,960 per tonne. Some shorts may move to the March contract as the January one is about expire. This coupled with softer consumption and higher inventories will weigh on the SHFE 2003 contract, which is likely to move at RMB 13,900-14,100 per tonne today. Spot discounts are seen at RMB 100-80 per tonne over the SHFE 2001 contract.

Tagged with: