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 DECEMBER 2016 AL CIRCLE

LME and SHFE aluminium to strengthen with mixed factors

EDITED BY : DIPANWITA GUPTA 2MINS READ

The downward slide in LME aluminium came to a halt on Tuesday's night trading as the contract closed at US$1722 per tonne showing limited strength at 0.29 per cent higher closing price than the previous day. The market stabilized as aluminium met resistance from the moving averages. According to Shanghai Metals Market forecast, the commodity will likely diverge widely on Wednesday, December 21.

As on December 20, LME Official CASH Buyer price of aluminium stands at US$1722 per tonne, CASH Seller & Settlement price is US$1722.5 per tonne, 3M Buyer price of aluminium is US$1715 per tonne, 3M Seller price is US$1715.5 per tonne, DEC1 Buyer price is US$1727 per tonne and DEC1 Seller price is US$1732 per tonne. LME official Opening Stock of the metal stands at 2112275 tonnes, total Live Warrants is estimated at 1450025 tonnes, and Cancelled Warrant is 659425 tonnes.

As on December 19, LME Aluminium US Premium is recorded as US$175, LME Aluminium West-Europe Premium is US$80, LME Aluminium East-Asia Premium is US$75, and LME Aluminium South-East Asia Premium is US$15.

News
In China, aluminium price fall stopped on Shanghai Metal Exchange with the benchmark price for the contract rising 1.58 per cent on Wednesday to stand at US$1,861 per tonne against the previous price of US$1,832 pe tonne.

As per SMM update, SHFE 1702 aluminium opened at RMB 12,670 per tonne on Tuesday and then dipped to RMB 12,610 per tonne, hurt by entering of shorts. The contract later closed at RMB 12,665 per tonne weighed on by rumours that some aluminium smelters reduced sales. However, spot aluminium was still at premiums, helping SHFE 1702 aluminium rise. Spot aluminium in China's domestic market should trade at premiums of RMB 60-100 per tonne on Wednesday, December 21, says SMM.

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As far as key macroeconomic indicators are concerned, OPEC members are expected to reduce crude oil output; The US’s API inventory dropped sharply unexpectedly pushing crude oil prices up. And these factors are expected to support LME aluminium. The contract will move at US$1,715-1,735 per tonne on Wednesday with mixed factors, predicts SMM.