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.

16 JUNE 2020 AL CIRCLE

LME aluminium price slipped by $4/t on higher opening stock; SHFE price declined to US$1947/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar declined on Monday amid mounting fears of a second wave of the coronavirus pandemic. The Federal Reserve announced it would buy individual corporate bonds in the secondary market, and this sparked a risk-on move, sending US stocks higher and safe-haven assets like the US dollar lower.

Against a basket of currencies, the dollar eased but still held close to a more than one-week high hit in the previous session.

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Three-month LME aluminium regained losses from early session last night, as it rallied from a session low of US$ 1,564.5 per tonne and closed 0.73% higher on the day at US$ 1,587.5 per tonne. Open interest added 1,243 lots to 869,000 lots as longs loaded up their positions.

LME aluminium price slipped by $4/t on higher opening stock

On Monday, June 15, both LME aluminium cash (bid) price and LME official settlement price slipped by US$ 4 per tonne to stand at US$ 1546 per tonne. 3-months bid price and 3-months offer price decreased by US$ 16 per tonne to come in at US$ 1570.5 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1681 per tonne, down by US$ 15 per tonne from US$ 1696 per tonne on June 12.

The LME aluminium opening stock increased from 1548550 tonnes on June 12 to 1577000 tonnes on June 15. Live Warrants came in at 1364300 tonnes, while Cancelled Warrants stood at 212700 tonnes.

LME aluminium 3-months Asian Reference Price hovered at US$ 1566.37per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE decreased by US$ 5 per tonne from US$ 1952 per tonne to US$ 1947 per tonne on Tuesday, June 16.

The most-liquid SHFE contract rebounded after slumping to a session-low of RMB 13,490 per tonne in early morning trade due to the unwin/ding of more than 500 lots of long positions in five minutes, and closed 0.26% firmer at RMB 13,605 per tonne. SMM data showed that social inventories of primary aluminium ingots continued to trend lower over the weekend, but a slowdown in the trend will limit upside potential in aluminium prices tonight. The SHFE June contract wrapped up its last trading day at RMB 13,830 per tonne, with 18,300 tonnes of cargoes delivered.

The most-liquid SHFE July contract found strong support from fundamentals, ending overnight higher at RMB 13,360 per tonne. Trading range is expected to be at RMB 13,350-13,600 per tonne today with LME aluminium at $1,560-1,600 a tonne.

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