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.

03 AUGUST 2017 AL CIRCLE

LME aluminium inches higher but yet to find a direction; SME aluminium firms up

EDITED BY : DIPANWITA GUPTA 2MINS READ

LME aluminium crosses the US$1,900 per tonne level and settles at US$1,904 per tonne after night trading on Wednesday, August 2. The rise from the earlier close of US$1,887 per tonne on August 1 suggests that the light metal is currently on an uptrend. However, Reuters’ technical analysis says that LME aluminium is neutral in a range of US$1,922-US$1,938 per tonne; and only an escape from this range could suggest a direction.

According to Shanghai Metals Market forecast, LME aluminium should move at highs of US$1,917-1,933 per tonne on Thursday, August 3.

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News

As on August 2, LME official cash buyer aluminium price (Bid Price) stands at US$1,902 per tonne, cash seller & settlement aluminium price (Offer price) is US$1,904 per tonne, 3M Bid Price is US$1,925 per tonne, 3M Offer Price is US$1,925.50 per tonne, Dec1 Bid Price is US$1,968 per tonne, and Dec1 Offer Price is US$1,973 per tonne. LME aluminium Opening Stock stands at 1344000 tonnes, total Live Warrants is 1045800 tonnes, and Cancelled Warrant is 298200 tonnes.

LME aluminium premiums remain unchanged across major regions globally. As on August 2, LME aluminium premium for the U.S. stands at US$165, LME Aluminium West-Europe Premium stands at US$80, LME Aluminium East Asia Premium remains unchanged at US$15, and LME Aluminium South-East Asia Premium is US$15 (per tonne).

SME and SHFE Aluminium Price Trend

The benchmark aluminium price at Shanghai Metal Exchange (SME) has risen from US$2,112 per tonne on Wednesday, August 2, to US$2,152 per tonne on Thursday, August 3.

At Shanghai Futures Exchange (SHFE), the most active aluminium future contract SHFE 1710 aluminium gained almost 2.5 per cent following unconfirmed news of China Hongqiao Group shutting down 2.6 million tonnes of aluminium capacity. SMM predicts that SHFE 1710 will hover in the range of RMB 14,760-14,900 per tonne on Thursday, August 3.

Spot aluminium in east China market is expected to trade at discounts of RMB 190-150 per tonne over SHFE 1708 aluminium on Thursday.

The market focus will be on China’s Caixin service PMI in July, Eurozone’s retail sales in June, US’s initial jobless claim in the week ending July 28 and durable goods orders in June and the Bank of England(BOE)’s interest rate decision on Tuesday, SMM said.

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