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.

21 JULY 2020 AL CIRCLE

LME aluminium price closed slightly higher at $1621/t on lower opening stock; SHFE increased after four declines in a row

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar fell on Monday against a basket of rivals, as risk appetite improved on a flurry of announcements about a potential COVID-19 vaccine and expectations of more stimulus from Europe and from the US.

Three-month LME aluminium closed little changed at US$ 1,662.5 per tonne on Monday in choppy trading. It is likely to move at US$ 1,650-1,690 per tonne today.

{alcircleadd}

LME aluminium price closed slightly higher at $1621/t on lower opening stock

As of Monday, July 20, LME aluminium cash (bid) price and LME official settlement price rose from US$ 1618 per tonne to US$ 1621 per tonne. 3-months bid price and 3-months offer price stood at US$ 1658 per tonne after growing by US$ 3.5 per tonne from US$ 1654.50 per tonne on the previous day. Dec 21 bid price and Dec 21 offer price came in at US$ 1750.50 per tonne from US$ 1747.50 per tonne on Friday, July 17.

The LME aluminium opening stock decreased from 1664400 tonnes to 1658975 tonnes. Live Warrants hovered at 1388350 tonnes, while Cancelled Warrants at 270625 tonnes.

LME aluminium 3-months Asian Reference Price stood at US$ 1658.96 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE increased to US$ 2038 per tonne on Monday, July 20, after registering four consecutive hikes from US$ 2172 per tonne to US$ 2011 per tonne.

The most-liquid SHFE August contract hovered in a tight range, holding onto much of gains from Friday night to end up 1.03 per cent at RMB 14,245 per tonne. It remains below the five-day moving average. Low stockpiles under warrants and tight spot availability are expected to continue to provide traction to SHFE aluminium.

The most-active SHFE August contract reversed earlier gains to end flat at RMB 14,240 per tonne in overnight trading. Recovering demand, low social inventories and high spot premiums remain supportive to SHFE aluminium, with the August contract expected to trade at RMB 14,000-14,400 per tonne today.

Tagged with: