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.

08 MARCH 2017 AL CIRCLE

LME aluminium to edge higher at US$1,920, SHFE aluminium likely to hover at lows

EDITED BY : DIPANWITA GUPTA 2MINS READ

The downtrend in LME aluminium prices continued till Monday's trading hours until the contract found support at 40-day moving average of US$1,857 per tonne. The closing price on Tuesday, US$1,858 per tonne, was 0.53 per cent higher than the previous day's closing at US$1,868 per tonne. Reuters predicts LME aluminium will clear a resistance at US$1,880 per tonne and edge higher at US$1,920 per tonne on Wednesday, March 8. According to Shanghai Metals Market (SMM) forecast, LME aluminium will trade at US$1,870-1,895 per tonne on Wednesday.

As on March 7, LME official cash buyer price of aluminium stands at US$1,857 per tonne, cash seller & settlement price is US$1,858 per tonne, 3M buyer price is US$1,866 per tonne, 3M seller price is US$1,867 per tonne, Dec1 buyer price is US$1,910 per tonne, and Dec1 seller price is US$1,915 per tonne. The current LME official Opening Stock of aluminium is estimated at 2117875 tonnes, total Live Warrants is 1298825 tonnes, and Cancelled Warrant is 819050 tonnes.

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News

In China, the benchmark price of aluminium on Shanghai Metal Exchange (SME) has inched higher at US$1,962 per tonne, up 0.25 per cent from its previous day's benchmark price of US$1,957 per tonne on Tuesday.

Aluminium traded on Shanghai Futures Exchange (SHFE) fluctuated narrowly impacted on by the LME aluminium and a rising dollar, of course. SHFE 1705 aluminum after opening at RMB 13,900 per tonne fell to close at RMB 13,850 per tonne on Tuesday. The contract is expected to test support at RMB 13,700 per tonne and the 40-day moving average and trade between RMB 13,770-13,970 per tonne on Wednesday.

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Spot aluminium in China's domestic market is expected to trade at discounts of RMB 170-130 per tonne on Wednesday. Traders should watch out for February ADP employment of the US, SMM suggests.

Import-export in China will keep rising in February, indicated increasing new export orders and new orders of official and Caixin manufacturing PMIs. China’s foreign exchange reserves also rose to RMB 3 trillion in February, raising positive market sentiment.

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