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.

10 MAY 2019 AL CIRCLE

LME aluminium regained some losses after three consecutive days; falling inventory supports SHFE aluminium

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar dropped to the 6-week low against the yen, as risk appetite lowered on most markets amid the US-China trade conflict. Two days of trade negotiations begin in Washington on Thursday and market participants are waiting for a solution. LME base metals declined for the most part while SHFE metals mostly increased. LME aluminium advanced 0.42% and SHFE aluminium jumped 0.21%.

{alcircleadd}

LME aluminium continued to regain losses and settled 0.42% higher on the day at US$1,806.5 per tonne after rising to a high of US$1,810 per tonne. The contract is expected to trade at US$1,750-1,850 per tonne today.

As on May 9, LME aluminium cash (bid) price stood at US$ 1766 per tonne, LME official settlement price stands at US$ 1766.50 per tonne; 3-months bid price stands at US$ 1798 per tonne, 3-months offer price is US$ 1799 per tonne; Dec 20 bid price stands at US$ 1918 per tonne, and Dec 20 offer price stands at US$ 1923 per tonne.

The LME aluminium opening stock stood at 1274450 tonnes. Live Warrants totalled at 867400 tonnes, and Cancelled Warrants were 407050 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1793 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 2061 per tonne today from US$ 2050 per tonne on May 9.

Short-covering helped the most traded SHFE June contract recover from overnight losses to an intraday high of 14,040 per tonne before a lack of confidence prompted longs to cut positions, and the contract retreated to close the trading day 0.11% lower at RMB14,005 per tonne. The contract found support from fundamentals and also ended higher at RMB14,030 per tonne overnight. It is expected to trade between RMB 14,000-14,100 per tonne with spot premiums may standing up to RMB 20 per tonne. SMM data showed that social inventories of primary aluminium continued to decline this week, which is likely to keep SHFE aluminium least vulnerable to the macroeconomic developments.

Tagged with: