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.

06 AUGUST 2018 AL CIRCLE

LME aluminium traded rangebound on Friday; SHFE up on news of winter production cuts and prebaked anode prices

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar index traded rangebound at highs and closed at 95.2 on Friday. China's offshore yuan rebounded after the country’s central bank on Friday imposed a reserve requirement of 20% on trading of foreign exchange forward contracts. Driven by these developments LME base metals closed mixed on Friday, aluminium dipped 0.49%.

LME aluminium traded rangebound on Friday, touching a low of US$2,024.5 per tonne and hitting a high of US$2,049 per tonne. Shanghai Metals Market expects it to trade under pressure today within the range of US$2,030-2,050 per tonne given the US-China trade spats.

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As on August 3, LME aluminium cash (bid) price stands at US$ 2014 per tonne, LME official settlement price stands at US$ 2016 per tonne; 3-months bid price stands at US$ 2040 per tonne, 3-months offer price is US$ 2041per tonne; Dec 19 bid price stands at US$ 2093 per tonne, and Dec 19 offer price stands at US$ 2098 per tonne.

The LME aluminium opening stock dropped to 1185275 tonnes. Live Warrants totalled at 849675 tonnes, and Cancelled Warrants were 335600 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2031.36 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased slightly to US$ 2093 per tonne on August 6, from US$ 2080 per tonne on August 3.

The SHFE 1809 contract hit an intraday high of RMB 14,455 per tonne on Friday before longs’ covering positions dragged it down to a low of RMB 14,355 per tonne. As shorts covered their positions, the contract rebounded and closed at RMB 14,390 per tonne. SHFE base metals rose across the board on Friday night. Today morning, the SHFE 1809 contract hit a high of RMB 14,455 per tonne and closed at RMB 14,405 per tonne on Friday night. The contract gained support from the anticipation of winter production cuts and rebounding prebaked anode prices. SMM expects it to trade at RMB 14,400-14,500 per tonne today with spot discounts at RMB 90-50 per tonne.

Key things to watch today will be China’s foreign exchange reserves for July and the Eurozone Sentix investor confidence index for August.

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