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.

25 SEPTEMBER 2020 AL CIRCLE

LME aluminium price declined by over $20/t to stand at $1697/t; SHFE remained restrained

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar traded at a two-month high and was set for a fifth day of gains on Thursday, September 24, as investors sought safety on concerns over economic recovery as coronavirus cases surged in Europe and on US data showed rising unemployment claims.

LME aluminium price declined by over 20% to stand at $1697/t

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As of Thursday, September 24, both LME aluminium cash (bid) price and LME official settlement price decreased further by US$ 21.5 per tonne to stand at US$ 1697 per tonne. 3-months bid price and 3-months offer price stood at US$ 1735 per tonne, down from US$ 1759 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1813 per tonne.

The LME aluminium opening stock declined to 1482225 tonnes. Live Warrants stood at 1225325 tonnes, while Cancelled Warrants at 256900 tonnes.

LME aluminium 3-months Asian Reference Price came in at US$ 1737.57 per tonne, as of Thursday, September 24.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE remained restrained at US$ 2046 per tonne on Friday, September 25.

The most-liquid SHFE 2010 aluminium contract closed 3.66 per cent lower at RMB 13,940 per tonne today. Open interest fell 7,297 lots to 97,000 lots. Aluminium prices dropped sharply and the basis rebounded with the demand weaker than expectations. The systemic risk intensified, and the capital flowed in greatly. The disturbance of the macro side to aluminium prices will be monitored tonight.

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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