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 JANUARY 2020 AL CIRCLE

LME aluminium soared on low opening stock and plunged US dollar; SHFE rallied

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar rallied from one-week lows against a basket its rivals on Thursday, January 16, as investors digested solid data on the US economy.

Three-month LME aluminium climbed to a one-week high of US$ 1,818 per tonne on Thursday, before it finished the trading day 0.5 per cent firmer at US$ 1,809 per tonne. A significant increase in SHFE aluminium helped lift LME aluminium, but a stronger US dollar is likely to keep gains in LME aluminium in check. LME aluminium is expected to hover at US$ 1,790-1,820 per tonne today.

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LME aluminium soared

LME aluminium cash (bid) price, on January 16, soared to US$ 1793.50 per tonne from US$1778 per tonne on January 15, while LME official settlement price jumped to US$ 1794 per tonne from US$ 1778.5 per tonne. 3-months bid price rose to US$ 1813 per tonne and 3-months offer price US$ 1814 per tonne. Dec 20 bid price stood at US$ 1948 per tonne, and Dec 20 offer price at US$ 1953 per tonne.

The LME aluminium opening stock dropped to 1353875 tonnes. Live Warrants totalled at 670625tonnes and Cancelled Warrants 683250 tonnes.

LME aluminium 3-months Asian Reference Price hovered at US$ 1805.09 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) increased by US$ 49 per tonne to US$ 2100 per tonne on Friday, 17 January, 2020.

Shanghai aluminium soared on Thursday as longs aggressively loaded up their positions on the back of a smaller-than-expected rise in social inventories of primary aluminium. Capacity addition and resumption at Chinese smelters also came slower than the market expected which kept aluminium ingot tight in the spot market and sustained a backwardation structure of SHFE aluminium. The most-traded SHFE 2003 contract ended at an intraday high of RMB 14,300 per tonne, up 2.36 per cent on the day. The contract may stay at high levels tonight, but the upward momentum could fade as longs book profits and exit.

The most traded SHFE 2003 contract held onto the massive gains from the previous session in overnight trading, and closed at RMB 14,240 per tonne. Tight aluminium availability outweighed downstream consumption stagnation ahead of the Chinese New Year holiday, and underpinned prices. SHFE aluminium is likely to move at RMB 14,100 per tonne to RMB 14,400 per tonne today.

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