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.

30 JULY 2024 AL CIRCLE

LME aluminium price hits over 4-month low owing to lacklustre condition in China; SHFE price loses US$37/t

EDITED BY : SARNALI CHAKRABORTY 2MINS READ

The previous trading day, LME aluminium opened at US$2,287 per tonne, reached a high of US$2,299 per tonne, a low of US$2,239.5 per tonne, and closed at US$2,247 per tonne, down US$34 per tonne, a decrease of 1.49 per cent.

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As per the LME data, aluminium prices on Monday stood at their lowest in almost 4-month amid growing concerns about demand in China, the top consumer. On Monday, July 29, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$25.5 per tonne or 1.14 per cent to settle at US$2,203 per tonne and US$2,203.50 per tonne. As per the price graph, the LME aluminium benchmark price has been witnessed since the beginning of July.

The Chinese government has opted not to implement targeted stimulus measures to counter the significant slowdown in the manufacturing sector, focusing instead on advancing technologies and new energy sources.

On the same day, both 3-month bid price and 3-month offer price slumped by US$25.5 per tonne or 1.11 per cent to clock at US$2,262.50 per tonne and US$2,263.50 per tonne. December 25 bid price and December 25 offer price also contracted by US$25 per tonne or 1.02 per cent to dock at US$2,422 per tonne and US$2,427 per tonne.

LME aluminium opening stock came in at 940125 tonnes. Live warrants and Cancelled warrants stood at 360250 tonnes and 579875 tonnes. LME aluminium 3-month Asian Reference Price moved down by US$4.5 per tonne to reside at US$2,275.04 per tonne.

SHFE aluminium price

On Tuesday, July 30, the SHFE aluminium benchmark price dwindled by US$37 per tonne or 1.39 per cent to halt at US$2,611 per tonne. The SHFE price also recorded a W-o-W downfall of US$49 per tonne or 1.84 per cent from US$2,660 per tonne. Overnight, the most-traded SHFE aluminium 2409 contract opened at RMB 19,145 per tonne, reaching a high of RMB 19,205 per tonne and a low of RMB 19,090 per tonne, and closed at RMB 19,140 per tonne, down RMB 55 per tonne, a decrease of 0.29 per cent.

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