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.

21 AUGUST 2018 AL CIRCLE

LME and SHFE aluminium register gains on dropping of US dollar; US-China trade talks to move the market further

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar index fell below 96 to the lowest in almost one week at 95.76 on Monday after Federal Reserve took decision to raise interest rates.

LME aluminium closed the day’s trading at US$ 2033 per tonne yesterday. Then the contract hit a high of US$2,084.5 per tonne during the European session before it finished1.3% higher at US$2,058.5 per tonne during Monday night. We expect LME aluminium to trade at US$2,050-2,070 per tonne today.

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As on August 20, LME aluminium cash (bid) price stands at US$ 2032 per tonne, LME official settlement price stands at US$ 2033 per tonne; 3-months bid price stands at US$ 2065 per tonne, 3-months offer price is US$ 2065.50 per tonne; Dec 19 bid price stands at US$ 2110 per tonne, and Dec 19 offer price stands at US$ 2115 per tonne.

The LME aluminium opening stock dropped to 1115725 tonnes. Live Warrants totalled at 832525 tonnes, and Cancelled Warrants were 283200 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2040 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 2127 per tonne on August 21, from US$ 2087 per tonne on August 20.

With support at the five-day moving average, the SHFE 1810 contract rebounded and touched a high of RMB 14,470 per tonne. However, limited confidence from market participants saw it lose RMB 10 per tonne from last Friday to close below the 20-day moving average at RMB 14,455 per tonne on Monday. The contract opened higher and rose to a high of RMB 14,710 per tonne before it lost some early gains and closed at RMB 14,645 per tonne overnight. Aluminium prices received a boost from the latest increase in National Aluminium Company (Nalco)’s alumina shipment price. We expect the SHFE 1810 contract to trade at RMB 14,550-14,700 per tonne today with spot discounts at RMB 70-30 per tonne.

Key thing to watch this week would be the upcoming US-China trade talks.

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