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.

14 OCTOBER 2019 AL CIRCLE

LME aluminium plunged on Friday after a temporary gain; SHFE hovers in a tight range

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar weakened on Friday against a basket of other currencies after US President Donald Trump said China and the US reached the first phase of a substantial trade deal that delays tariff hikes that were set to kick in this week. LME base metals, except for aluminium and nickel, drifted higher on Friday. SHFE aluminium shed 0.6%.

Three-month LME aluminium fell on Friday, losing 1.6% to US$1,722 per tonne. As reported by Reuters LME aluminium rose 0.2% on Monday morning. Today, LME aluminium is likely to regain some of the losses it made during the end of last week.

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LME

As on October 11, Friday, LME aluminium cash (bid) price stood at US$ 1720 per tonne, LME official settlement price stands at US$ 1721 per tonne; 3-months bid price stands at US$ 1725.50 per tonne, 3-months offer price is US$ 1726 per tonne; Dec 20 bid price stands at US$ 1808 per tonne, and Dec 20 offer price stands at US$ 1813 per tonne.

The LME aluminium opening stock increased to 974200 tonnes. Live Warrants totalled at 797650 tonnes, and Cancelled Warrants were 176550 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1744 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) has increased to USD 2056 per tonne today, 14 October 2019.

Aggressively loaded-up shorts dragged the most-traded SHFE November contract below the five-day moving average, to an intraday low of RMB 13,600 per tonne, before it closed at RMB 13,790 per tonne, down 0.79% on the day. The most-active contract shifted to the December contract on Friday night. While fundamentals weakened, trade uncertainties may keep bearish positions on the sideline. An over 600-lot build of short position subdued the SHFE 1912 contract at open on Friday night, which shed 0.62% to end at RMB 13,735 per tonne. SHFE aluminium is unlikely to rebound sharply in the short term amid lack of positive news. The contract is expected to trade between RMB 13,700-13,800 per tonne today.

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