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.

09 AUGUST 2018 AL CIRCLE

LME aluminium surges on trade war worries and disruption at Pinjarra alumina refinery; buoys SHFE counterpart

EDITED BY : BEETHIKA BISWAS 2MINS READ

The dollar index slipped 0.07% to 95.098 overnight, while the pound dropped to its lowest level in almost a year on Wednesday. LME aluminium surged and closed at US$2,116.5 per tonne on Wednesday night after closing the day’s trading at US$ 2022 per tonne. The market was buoyed by the news of workers at Alcoa’s Pinjarra alumina refinery in Western Australia walking out of their job indefinitely after they failed to settle a new enterprise agreement. LME aluminium is likely to trade at US$2,110-2,160 per tonne today.

{alcircleadd}

As on August 8, LME aluminium cash (bid) price stands at US$ 2021 per tonne, LME official settlement price stands at US$ 2022 per tonne; 3-months bid price stands at US$ 2044 per tonne, 3-months offer price is US$ 2045 per tonne; Dec 19 bid price stands at US$ 2100 per tonne, and Dec 19 offer price stands at US$ 2105 per tonne.

The LME aluminium opening stock dropped to 1162750 tonnes. Live Warrants totalled at 833075 tonnes, and Cancelled Warrants were 329675 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2039 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 2148 per tonne on August 8, from US$ 2095 per tonne on August 7.

The SHFE October contract became the most liquid contract on Wednesday August 8. Without strong support from fundamentals, the SHFE 1810 contract dipped after it touched a high of RMB 14,520 per tonne, with resistance at the five-day moving average. After that, buoyed by the LME counterpart, the SHFE 1810 contract also jumped past all the moving averages overnight, hitting a high of RMB 14,830 per tonne and settling at RMB 14,795 per tonne. The contract is likely to trade at RMB 14,700-15,000 per tonne. Spot discounts are seen at RMB 50-10 per tonne.

China announced on Wednesday that it would levy additional import tariffs of 25% on $16 billion worth of US goods ranging from oil and steel products to autos and medical equipment on August 23. That came in response to the US decision of imposing the same tariff on an equal amount of Chinese imports on the same day. The trade war is going to have a strong impact on the market.

Tagged with: