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.

29 NOVEMBER 2018 AL CIRCLE

LME aluminium slides to a new low on yesterday’s trading; Weak fundamentals likely to weigh on SHFE

EDITED BY : HEENA IQBAL 2MINS READ

The US dollar dipped from two-week highs after Federal Reserve Chairman Jerome Powell described US interest rates as "just below" the neutral rate. Base metals rallied across the board, LME aluminium nudged up.

LME aluminium price dropped to another new low as it closed Wednesday’s trading at US$1912.50 per tonne. Shanghai Metals Market expects the contract to trade at US$1,920-1,945 per tonne. Continued pressure is seen at the 10-day moving average on LME aluminium.

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As on November 28, Wednesday, LME aluminium cash (bid) price stood at US$ 1911.50 per tonne, LME official settlement price stands at US$ 1912.50 per tonne; 3-months bid price stands at US$ 1923.50 per tonne, 3-months offer price is US$ 1924 per tonne; Dec 19 bid price stands at US$ 1993 per tonne, and Dec 19 offer price stands at US$ 1998 per tonne.

The LME aluminium opening stock dropped to 1057875 tonnes. Live Warrants totalled at 795675 tonnes, and Cancelled Warrants were 262200 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1926 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped slightly to US$ 1958 per tonne today from US$ 1961 per tonne on November 28.

The SHFE 1901 contract extended overnight losses to close at RMB13,675 per tonne. Shorts added over 6,000 lots in 20 minutes and this sent the contract to RMB13,615 per tonne, the lowest since mid-January 2017. Shandong Binzhou’s winter production curbs failed to halt the downtrend in aluminium prices.

While rebounded base metals across the board buoyed prices of aluminium, domestic weak fundamentals are still likely to weigh on the SHFE 1901 contract in the short run. Poor consumption will expand any downward room in prices of alumina as raw materials. SMM expects it to trade at RMB13,600-13,750 per tonne today.

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