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.

29 OCTOBER 2019 AL CIRCLE

LME aluminium opened the week higher on weak dollar; SHFE remains strong on higher premium

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar eased on Monday as growing hopes for a US-China trade deal improved risk sentiment and sapped demand for the safe-haven greenback. The dollar index fell 0.07% and ended at 97.74. LME base metals mostly increased with the SHFE complex trading mixed. LME aluminium rose 0.14% and SHFE aluminium increased 0.14%.

LME aluminium opened the week higher on Monday. Three-month LME aluminium gained for the second straight session with a high of US$1740 per tonne, ending up 0.14% at US$1,736 per tonne on Monday night as longs added their position. Three months aluminium is likely to trade within US$1,720-1,750 per tonne today.

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LME

As on October 28, Monday, LME aluminium cash (bid) price stood at US$ 1726 per tonne, LME official settlement price stands at US$ 1727 per tonne; 3-months bid price stands at US$ 1731.50 per tonne, 3-months offer price is US$ 1732 per tonne; Dec 20 bid price stands at US$ 1810 per tonne, and Dec 20 offer price stands at US$ 1815 per tonne.

The LME aluminium opening stock dropped to 963825 tonnes. Live Warrants totalled at 788775 tonnes, and Cancelled Warrants were 175050 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1734 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) remains unchanged at US$ 2002 per tonne today, 29 October 2019.

The most traded SHFE 1912 contract held in a wide range around RMB 13,825 per tonne during the daytime session, where it finished the trading day marginally higher ysterday. It remained under pressure from the 20-day moving average, but held above RMB 13,810 per tonne. The December contract failed to recover after loaded-up shorts sent it to a low of RMB 13,765 per tonne, closing 0.25% lower on the day at RMB 13,790 per tonne overnight. Trading range today is seen at RMB 13,750-13,850 per tonne.

Currently firm spot premiums will subdue bearish sentiment, deterring SHFE aluminium from rapidly falling on expectations of weaker consumption.

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