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.

17 DECEMBER 2019 AL CIRCLE

LME aluminium registered a slight increase on Monday; SHFE moves upward supported by falling inventory

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar extended decline and hit the lowest in nearly five months as a lack of detail about the preliminary US-China trade deal appeared to fuel the market doubts. The dollar index, which tracks the greenback against a basket of other currencies, slipped 0.16% and ended at 97.04. LME base metals mostly increased while the SHFE complex traded mixed. LME aluminium gained 0.65%. SHFE aluminium lost 0.11%.

Three-month LME aluminium regained losses from the early session, hitting a high of US$1,784 per tonne and finished 0.65% higher on the day at US$1,776 per tonne, with investors cutting their short position. LME aluminium is seen trading at US$1,750-1,800 per tonne today.

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LME

As on December 16, Monday, LME aluminium cash (bid) price stood at US$ 1762.50 per tonne, LME official settlement price stands at US$ 1763 per tonne; 3-months bid price stands at US$ 1770 per tonne, 3-months offer price is US$ 1771per tonne; Dec 20 bid price stands at US$ 1828 per tonne, and Dec 20 offer price stands at US$ 1833 per tonne.

The LME aluminium opening stock increased again to 1403075 tonnes. Live Warrants totalled at 1309000 tonnes, and Cancelled Warrants were 94075 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1768 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) dropped to US$ 1994 per tonne on Tuesday, December 17, 2019.

The most traded SHFE 2002 contract recovered from an intraday low of RMB 13,875 per tonne to close marginally higher at RMB 13,915 per tonne, as a decline in aluminium inventories over the weekend pointed to continued robustness in consumption. The SHFE 2002 contract fell for the second consecutive day with a loss of 0.07%, ending at RMB 13,905 per tonne on Monday night. But the recent strong purchase demand will offer some confidence in longs, likely keeping the contract between RMB 13,850-14,000 per tonne today. Slow deliveries to social warehouses will extend the decline in inventories in the short term, offering support to prices.

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