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.

26 MARCH 2020 AL CIRCLE

LME aluminium price declined sharply to $1507.5/t; SHFE rose for the fourth day in a row to $1632/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar extended its decline on Wednesday as a US$ 2 trillion US stimulus bill helped boost risk appetite and reduced demand for the safe haven currency. The US dollar index, which tracks the greenback against a basket of its peers, hits its lowest in a week.

Three-month LME aluminium pulled back after the European trading session began. It touched its lowest since May 2016 at US$ 1,535 per tonne before recovering some ground to end at US$ 1,548 per tonne. LME aluminium bucked the uptrend across nonferrous metals on Wednesday. It is expected to continue to hover between US$1,540-1,600 per tonne today.

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LME aluminium price sharply declined to $1507.5/t

As of Wednesday, March 25, both LME aluminium cash (bid) price and LME official settlement price recorded a sharp decline from US$ 1532.50 per tonne to US$ 1507.50 per tonne. 3-months bid price and 3-months offer price slipped to US$ 1541.50 per tonne from US$ 1567.50 per tonne, while Dec 21 bid price and Dec 21 offer price stood at US$ 1660 per tonne.

The LME aluminium opening stock came in at 1098425 tonnes after inching down from 1100675 tonnes on the previous day. Live Warrants stood at 929675 tonnes and Cancelled Warrants at 168750 tonnes.

LME aluminium 3-months Asian Reference Price stood at US$ 1566.21 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE increased for the fourth consecutive days this week to come in at US$ 1632 per tonne from US$ 1613 per tonne.

The most-traded SHFE May contract rose on short-covering and closed up 2.59 per cent higher on the day at RMB 11,700 per tonne, above the five-day moving average. An SMM survey found that the virus-driven output cut at Chinese aluminium smelters has expanded to 445,000 tonnes per year. However, there is a little sign that aluminium prices have bottomed out, and the development of cutbacks will be closely watched.

The most-active SHFE 2005 contract is trading at RMB 11,350 per tonne to RMB 12,000 per tonne. East China spot discounts are seen wider at RMB 90-70 per tonne against the SHFE 2004 contract, as stimulus hopes and production cuts have bolstered Shanghai aluminium prices.

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