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.

13 JULY 2020 AL CIRCLE

LME aluminium price decreased to $1639.5/t, while SHFE extended growth to $2172/t

EDITED BY : DEBANJALI SENGUPTA 3MINS READ

Stocks on Wall Street were mostly higher on Friday, while the dollar slipped on Friday, July 10, as market sentiment was supported hopes of a potential vaccine for the novel coronavirus that outweighed concerns about the surge in infections in the US and around the world. The US currency posted its largest weekly percentage loss against a basket of major currencies in a month.

The three-month LME aluminium rose 2.43 per cent to end at US$ 1,689 per tonne on Friday, July 10, recovering from Thursday’s loss and posting a weekly gain of 4.78 per cent. Last week’s percentage increase was the biggest in more than two years and marked the fourth straight week of gain. Today, it is likely to move between US$1,670-1,710 per tonne.

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As of Friday, July 10, LME aluminium cash (bid) price and LME official settlement price decreased to US$ 1639.50 per tonne, following a sharp hike from US$ 1619 per tonne to US$ 1659.50 per tonne on July 9. 3-months bid price and 3-months offer price stood at US$ 1669 per tonne, down by US$ 18 per tonne from US$ 1687 per tonne on the previous day. Dec 21 bid price and Dec 21 offer price came in at US$ 1753.50 per tonne per tonne compared to US$ 1772 per tonne.

The LME aluminium opening stock continued to decline from 1632675 tonnes to 1626550 tonnes. Live Warrants hovered at 1340225 tonnes, while Cancelled Warrants at 286325 tonnes.

LME aluminium 3-months Asian Reference Price stood at US$ 1656.64 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE extended growth to stand at US$ 2172 per tonne on Monday, July 13, 2020.

The most-liquid SHFE August contract extended an upward trend as investors continued to load up longs, on the back of increased confidence amid tight supply in the spot market. The contract climbed to a session high of RMB 14,465 per tonne and finished at RMB 14,375 per tonne, up RMB 160 per tonne on the day. The SHFE July contract grew significantly by RMB 270 per tonne to end at RMB 14,815 per tonne, lifted by exiting short positions. Tonight, prices may slightly moderate but will stay at relatively high levels.

The most-liquid SHFE August contract crept up 2.23 per cent to close at a 10-month peak of RMB 14,650 per tonne on Friday night. Continued tightness in east China spot availability also helped support prices of Shanghai futures contracts. The SHFE August contract is expected to move between RMB 14,400-14,800 per tonne today, and SMM will report the change to social inventories of primary aluminium ingots in China over the weekend.

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