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.

18 JUNE 2020 AL CIRCLE

LME aluminium price grew for the second consecutive day to $1577.50/t; SHFE price plunged by $16/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar continued to move higher on Wednesday, June 17, as investors safe haven demand increased amid concerns about the coronavirus pandemic with a surge in cases in some US states.

Three-month LME aluminium ended higher for the third consecutive day, as it bounced back after dipping to a session low of US$ 1,591 per tonne, finishing the day 0.22 per cent higher at US$ 1,607.5 per tonne. Open interest shrank 15,022 lots to 838,000 lots as shorts covered their positions.

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LME aluminium price grew for the second consecutive day to $1577.50/t

On Wednesday, June 17, both LME aluminium cash (bid) price and LME official settlement price stood at US$ 1577.50 per tonne after growing by US$ 4 per tonne. 3-months bid price and 3-months offer price also rose but marginally by US$ 0.5 per tonne to come in at US$ 1600 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1706 per tonne, up from US$ 1703 per tonne on Tuesday, June 16.

The LME aluminium opening stock decreased 1575 tonnes on June 17 to come in at 1614975 tonnes. Live Warrants stood at 1404225 tonnes, while Cancelled Warrants 210750 tonnes.

LME aluminium 3-months Asian Reference Price hovered at US$ 1600.07per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE plunged by US$ 16 per tonne to stand at US$ 1944 per tonne on Thursday, June 18.

The most liquid SHFE July contract eased on profit-taking after it notched a new high of RMB 13,965 per tonne since January 23 when saw the most actively traded contract closing at RMB 14,100 per tonne in early morning trade. It closed up 0.51 per cent at RMB 13,840 per tonne. SMM will release its weekly China aluminium inventory data on Thursday, which is likely to show a moderate decline amid increasing arrivals as smelters have step up shipments after prices surged.

The most-traded SHFE July contract moved lower last night, and is expected to trade between RMB 13,700-13,900 per tonne today. Spot premiums are seen at RMB 180-200 per tonne. Transactions in the spot market, change in social inventories of primary aluminium, and its impact on market sentiment will be closely monitored.

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