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.

02 JANUARY 2017 AL CIRCLE

LME aluminium remains flat on the last trading day of 2016, Shanghai aluminium to open tomorrow

EDITED BY : DIPANWITA GUPTA 3MINS READ

After the 2017 New Year holiday weekend, the London Metal Exchange market resumes trading tomorrow on Tuesday, January 3. LME aluminium remained flat on Friday as trading was muted due to the year-end liquidity crunch. The contract at the end of the year's last working day closed at US$1,713.50 per tonne against the previous day's closing of US$1,730 per tonne. Going by the slow momentum in the market, little uptick is expected in the LME aluminium price on Tuesday.

As on December 30, the LME official Cash Buyer price of aluminium stands at US$1,730 per tonne, Cash Seller & Settlement price is US$1,713.50 per tonne, 3M Buyer price is US$1,701 per tonne, 3M Seller price is US$1,701.5 per tonne, Dec1 Buyer price is US$1,713 per tonne, Dec1 Seller price is US$1,718 per tonne. The opening stock of the metal stands at 2183675 tonnes, total live warrants is estimated at 1524475 tonnes, and Cancelled Warrant is 681450 tonnes.

As on December 29, LME Aluminium US Premium is US$175, LME Aluminium West-Europe Premium is US$80, LME Aluminium East-Asia Premium is US$75, and LME Aluminium South-East Asia Premium is US$15.

Following graph depicts the average price movement of LME aluminium in 2016:

News
In China, markets remains closed due to the New Year holidays. Trading will resume on Tuesday, January 3. According to the Shanghai Metals Market update, on Friday, SHFE 1703 aluminium opened at RMB 12,660 per tonne. It rumours that railway lines in northwest China will stop operation on some day in January, 2017 on Thursday’s night trading. Shorts thus left market to avoid risk, allowing SHFE 1703 aluminium climbed to RMB 12,875 per tonne. However, SMM refuted the rumour. During the afternoon trading, SHFE 1703 aluminium dropped and finally ended at RMB 12,795 per tonne due to exit of longs.

SHFE 1703 aluminium is expected to keep fluctuating over the short term.

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Among a series of key macro-economic factors, crude oil prices are estimated to be rising, and as observed by SMM, the speculators are already staking out bullish positions on futures for the next few months. The effect of the same on aluminium prices are to be seen as the market resumes trading today or latest by tomorrow.