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.

29 SEPTEMBER 2020 AL CIRCLE

LME aluminium price grew significantly by $28.5/t to $1737/t; SHFE price extended hike to $2113/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The dollar pulled back from a two-month high against a basket of currencies on Monday, September 28, as equities rallied after four straight weeks of declines ahead of a slew of economic data and political developments in the United States.

Three-month LME aluminium settled 1.28 per cent firmer at US$ 1,784.50 per tonne on Monday, and is expected to move between US$ 1,740-1,790 per tonne today.

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As of Monday, September 28, both LME aluminium cash (bid) price and LME official settlement price increased sharply by US$ 28.50 per tonne to stand at US$ 1737 per tonne. 3-months bid price and 3-months offer price stood at US$ 1772 per tonne, up by US$ 26 per tonne from US$ 1746 per tonne on September 25. Dec 21 bid price and Dec 21 offer price hovered at US$ 1841 per tonne.

The LME aluminium opening stock declined from 1477175 tonnes to 1473025 tonnes. Live Warrants stood at 1202500 tonnes, while Cancelled Warrants at 1202500 tonnes.

LME aluminium 3-months Asian Reference Price came in at US$ 1759.64 per tonne, as of Monday, September 28.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE extended hike for the third consecutive day to stand at US$ 2113 per tonne on Tuesday, September 29, 2020.

The most-liquid SHFE 2011 aluminium contract fluctuated between RMB 14,000-14,100 per tonne in morning trading and finished the day 2.32 per cent higher at RMB 14,100 per tonne. Open interest fell 22,373 lots to 74,361 lots. Pre-holiday downstream stockpiling led to a sharp decrease in aluminium ingot inventories.

The most-liquid SHFE 2011 aluminium contract strengthened 1.68 per cent to end at RMB 14,210 per tonne in overnight trading. It is likely to trade between RMB 14,100-14,400 per tonne today, while spot premiums will be seen at RMB 300-360 per tonne.

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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