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.

19 JUNE 2017 AL CIRCLE

LME aluminium may rise marginally; faces strong resistance at 5-day moving average

EDITED BY : DIPANWITA GUPTA 3MINS READ

Any rise in LME aluminium, if at all that happens, will be a marginal one. The light metal traded globally ended last week in a dip near US$1,860 per tonne, down from the earlier close of US$1,864 per tonne. Fundamentals are still weak; so, it is likely that LME aluminium will keep trading at lows in the short term. Further, the metal contract faces a strong resistance at the five-day moving average. Based on that, Shanghai Metals Market predicts that aluminium prices will hover in the range of US$1,862-1,880 per tonne on Monday, June 19.

Reuters’ technical analysis suggests that LME aluminium may break above the resistance and rise towards the next resistance at US$1,899 per tonne. Support is at US$1,871, a break below which would lead to the continuation of the downtrend towards $1,863 per tonne.

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News

As on June 16, LME official cash buyer aluminium price stands at US$1,859 per tonne, cash seller & settlement aluminium price is US$1,861 per tonne, 3M buyer price is US$1,871 per tonne, 3M seller price is US$1,871.50 per tonne, Dec1 buyer price is US$1,905 per tonne, and Dec1 seller price is US$1,910 per tonne. The current LME official Opening Stock of aluminium is estimated at 1432825 tonnes, total Live Warrants is 1031600 tonnes, and Cancelled Warrant is 401225 tonnes.

LME aluminium premiums, as on June 15, remain unchanged across major regions. LME Aluminium East-Asia Premium stands at US$110, LME Aluminium South-East Asia Premium remains unchanged at US$15, and LME Aluminium West-Europe Premium is at US$85, and LME Aluminium US Premium is at US$195 (per tonne).

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The benchmark aluminium price at Shanghai Metal Exchange (SME) stands at US$1,985 per tonne on Monday, June 19, marginally up by 0.55 per cent from US$1,974 per tonne on June 16.

At Shanghai Futures Exchange (SHFE), the most active aluminium future contract SHFE 1708 aluminium is trading at lows. With the commissioning of new capacity, there is a new spate of supplies in the market. The consumption, on the other hand, is comparatively low. So, SMM thinks aluminium prices will remain weak in the foreseeable future moving at RMB 13,490-13,670 per tonne on Monday, June 19.

Spot aluminium in east China market is expected to trade at discounts of RMB 120-80 per tonne over SHFE 1706 aluminium contract on Monday, June 19.

The market focus will be on China’s house price in 70 medium and big cities, UK’s Brexit negotiation and The Chicago Fed National Activity Index Chair’s speech on Monday, SMM said.

Ex-China supply gap supported prices to hold up well; China focused on aluminium ingot social inventory turning point