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.

24 OCTOBER 2018 AL CIRCLE

LME aluminium posts five-day losing streak on October 23; SHFE recovering losses from last week

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar fell on Tuesday after Wall Street opened lower, spurring a risk-off move that benefited the safe-haven Japanese yen and Swiss franc against the greenback. Both LME and SHFE base metals ended in mixed performance overnight. LME aluminium lost 0.35%.

LME aluminium fluctuated and posted a five-day losing streak on Tuesday with pressure at the five-day moving average. The light metal contract dipped below US$2000/t level and settled at US$ 1997 per tonne on Tuesday. It is expected to trade at US$2,000-2,030 per tonne today.

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As on October 23, Tuesday, LME aluminium cash (bid) price stands at US$ 1996 per tonne, LME official settlement price stands at US$1997per tonne; 3-months bid price stands at US$ 2015 per tonne, 3-months offer price is US$2016 per tonne; Dec 19 bid price stands at US$ 2068 per tonne, and Dec 19 offer price stands at US$2073 per tonne.

The LME aluminium opening stock dropped to 1056700 tonnes. Live Warrants totalled at 747325 tonnes, and Cancelled Warrants were 309375 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2008 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$2047 per tonne today from US$2034 per tonne on October 22.

The SHFE 1812 contract started to pick up in the second trading session for the afternoon and rose to an intraday high of RMB 14,210 per tonne yesterday. It closed at RMB 14,200 per tonne. This marked the third consecutive day of gains but the contract remained below the 10-day moving average. The contract then climbed to a high of RMB 14,260 per tonne from a low of RMB 14,150 per tonne during overnight trading.

While the contract posted a four-day winning streak, it has yet to regain all the losses from last week. The recent maintenance at some large primary aluminium producers and the looming winter production curbs might improve morale among investors. The contract is likely to test the five-day moving average today with a trading range of RMB 14,140-14,300 per tonne, with spot discounts at RMB 70-30 per tonne.

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