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.

09 SEPTEMBER 2020 AL CIRCLE

LME aluminium price closed lower at $1744/t; SHFE aluminium plunges to $2117/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The safe-haven dollar climbed to a four-week peak on Tuesday, September 8, led by gains versus sterling on renewed worries about Brexit and as risk appetite waned with a sell-off on Wall Street.

Three-month LME aluminium rebounded from an intraday low of US$ 1,775 per tonne to close 0.14 per cent weaker at US$ 1,795 per tonne on Tuesday, and is likely to move between US$1,780-1,810 per tonne today.

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LME aluminium price closed lower at $1763/t; SHFE Aluminium plunges to $2117/t

As of Tuesday, September 8, both LME aluminium cash (bid) price and LME official settlement price stood at US$ 1744 per tonne, declining by US$ 19 per tonne from US$ 1763 per tonne on September 7. 3-months bid price and 3-months offer price hovered at US$ 1783 per tonne versus US$ 1803.5 per tonne on the previous day. Dec 21 bid price and Dec 21 offer price came in at US$ 1857.50 per tonne.

The LME aluminium opening stock continued to decline to 1529425 tonnes. Live Warrants stood at 1308000 tonnes, while Cancelled Warrants at 221425 tonnes.

LME aluminium 3-months Asian Reference Price hovered at US$ 1796.93 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE decreased for the second consecutive day by US$20 per tonne to US$ 2117 per tonne on Wednesday, September 9.

The most-liquid SHFE 2010 aluminium contract slipped to a session low of RMB 14,460 per tonne and closed 0.35 per cent higher at RMB 14,485 per tonne today. Open interest fell 944 lots to 121,000 lots.

The most-liquid SHFE 2010 aluminium contract slipped 0.28 per cent to settle at RMB 14,455 per tonne in overnight trading, after recording a new low since the start of this week at RMB 14,310 per tonne earlier in the session. The contract is likely to trade between RMB 14,350-14,500 per tonne today, while spot premiums are seen at RMB 90 per tonne.

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com

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