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.

29 DECEMBER 2016 AL CIRCLE

LME and Shanghai aluminium prices to move lower due to tight year-end liquidity

EDITED BY : DIPANWITA GUPTA 2MINS READ

The London Metal Exchange market after remaining closed over the weekend till Tuesday, for Christmas, resumed trading yesterday on a low note. Aluminium traded on the bourse closed at US$1,726.5 per tonne after Wednesday's night trading, down 0.77 per cent from the previous closing of US$1,740 per tonne on Friday. The contract dropped below the 60-day moving average and is expected to range between US$1,695-1,720 per tonne on Thursday, December 29.

“LME base metal market reported weak price after returning from Christmas holiday, and overall sentiment is expected to remain weak due to tight year-end liquidity and low trading sentiment before year-end,” says Shanghai Metals Market analysis.

LME Aluminium price has risen from the lows of 2015 (around US$1,400 per tonne) to a fairly high US$1,755 per tonne in mid-December 2016, charting occasional bounces through the last twelve months. For a quick recap of 2016 LME aluminium price trend and the top aluminium news of the year gone by, click Recap 2016.

News
In China, benchmark price of aluminium on Shanghai Metal Exchange stood at US$1,836 per tonne, down 1.6 per cent from the previous day.

Aluminium price on Shanghai Futures Exchange also weakened overnight given the year-end liquidity crunch and cautious market sentiment. The weakening of spot market showed through SHFE trading as SHFE 1702 aluminium fluctuated between RMB 12,500-13,000 per tonne on Wednesday. The contract is likely to move at RMB 12,500-12,750 per tonne range and keep testing support at RMB 12,500 per tonne, predicts SMM.

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Spot aluminium in China’s domestic market is expected to trade at RMB 80-120 per tonne on Thursday, says SMM.

API crude oil inventories last week for the US released this morning expectedly surged, weighing on oil price. This further kept base metal prices low across the boards.