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.

04 SEPTEMBER 2018 AL CIRCLE

LME aluminium slumps on rising US dollar and poor downstream demand; cost support prevents further downtrend

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar inched up 0.01% to close at 95.1, following news of improved manufacturing activity in the UK in August. Base metals, except for lead, dropped across the board. LME aluminium slumped 1.4%. Poor downstream demand in the expected high season weighed on aluminium prices, but higher costs of raw materials continued to prevent further downward room. LME aluminium slumped sharply below the 60- and 10-day moving averages to a low of US$2,080 per tonne overnight after settling at US$ 2083.50 during the day’s trading. Shanghai Metals Market expects LME contract to trade at US$2,075-2,105 per tonne.

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As on September 3, LME aluminium cash (bid) price stands at US$ 2082.50 per tonne, LME official settlement price stands at US$ 2083.50 per tonne; 3-months bid price stands at US$ 2109.50 per tonne, 3-months offer price is US$ 2110 per tonne; Dec 19 bid price stands at US$ 2143 per tonne, and Dec 19 offer price stands at US$ 2148 per tonne.

The LME aluminium opening stock dropped to 1068675 tonnes. Live Warrants totalled at 780625 tonnes, and Cancelled Warrants were 288050 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2114 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange remains unchanged from yesterday at US$ 2155 per tonne on September 4.

The dominant SHFE contract moved from the SHFE 1810 to the SHFE 1811 contract, which saw open interests rising 13,166 lots to 251,000 lots. The 1811 contract tested resistance at the RMB 15,000 tonne level. Strong support was seen at RMB 14,800 per tonne. The US will decide on potential tariffs on $200 billion of Chinese goods this week, and this grew market concerns. The SHFE 1811 contract dropped to the lowest at RMB 14,800 per tonne. SMM forecasts the contract to trade at RMB 14,750-14,850 per tonne today with spot discounts seen at RMB 60-20 per tonne. The contract may continue to test pressure at the five-day moving average above.

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