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.

15 MAY 2020 AL CIRCLE

LME aluminium price edged lower at US$1433.5/t; SHFE aluminium price jumped to US$1831/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar hit a three-week high on Thursday before giving back much of those gains, as investors continued to digest Federal Reserve Chairman Jerome Powell’s dismissal of speculation over US interest rates entering negative territory and his glum forecast for the economy.

Three-month LME aluminium remained range-bound on Thursday, slipping from an intraday high of US$1,482 per tonne to a new five-week low of US$ 1,467.5 per tonne before rebounding to close flat at US$ 1,476 per tonne. Lingering concerns over the economic fallout from the COVID-19 and fears of a re-ignition of the US-China trade conflicts hamper upside potential in LME aluminium, which is expected to move to US$ 1,460-1,500 per tonne today.

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LME aluminium price edged lower at US$1433.5/t

As of Thursday, May 14, LME aluminium cash (bid) price and LME official settlement price declined from US$ 1439 per tonne to US$ 1433.50 per tonne. 3-months bid price and 3-months offer price also decreased from US$ 1476.50 per tonne to US$ 1469 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1597.50 per tonne compared to US$ 1604.50 per tonne on May 13.

LME aluminium 3-months Asian Reference Price hovered at US$ 1480 per tonne, up from US$ 1478.84 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE, on Friday, May 15, jumped to US$ 1831 per tonne from US$ 1803 per tonne on May 14.

The most-liquid SHFE July contract showed signs of breaking up the 60-day moving average above as it moved to a session high of RMB 12,575 per tonne before ending up 1.05 per cent higher on the day at RMB 12,530 per tonne. SMM data showed that domestic social inventories of primary aluminium and aluminium billet continued to fall sharply this week, pointing to stable consumption. The price difference between the May and June contracts will be monitored as the May contract will finish its last trading day Friday.

The most active SHFE July contract rose slightly in overnight trading by gaining 0.4 per cent to end at RMB 12,535 per tonne. A potential supply increase on the back of the opening of the import arbitrage window keeps backwardation on SHFE aluminium firm. The July contract is expected to move at RMB 12,300-12,600 per tonne today.

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