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.

19 OCTOBER 2023 AL CIRCLE

LME benchmark aluminium price gains US$28/t with Y-o-Y drop of 1.09%; SHFE aluminium price rises 2.24% Y-o-Y

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

LME aluminium opened at US$2,180 per tonne on Wednesday, with its high and low at US$2,199 per tonne and US$2,178.5 per tonne, respectively, before closing at US$2,189 per tonne, an increase of US$12 per tonne or 0.55 per cent.

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The LME aluminium live price chart on October 19 witnessed heightening aluminium price trends, with the LME aluminium cash bid price and the LME aluminium official price rising by US$28 per tonne or 1.3 per cent to officially close at US$2,176 per tonne and US$2,176.50 per tonne.

If the aluminium price on October 18, last year, is considered, we can calculate a Year-on-Year drop of US$24 per tonne or 1.09 per cent.

London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price have gathered US$15 per tonne or 0.69 per cent to stop at US$2,185 per tonne and US$2,185.50 per tonne.

The December 24 bid price and the December 24 offer price have soared by US$13 per tonne or 0.56 per cent, settling at US$2,310 per tonne and US$2,315 per tonne.

LME aluminium opening stock recorded a substantial hike of 8,175 tonnes or 1.69 per cent, arriving at 492,775 tonnes. Live warrants stood at 203,525 tonnes, while Cancelled warrants halted at 289,250 tonnes.

LME aluminium 3-month Asian Reference Price stopped at US$2,185.50 per tonne, up US$14 per tonne or 0.64 per cent.

SHFE aluminium price

On October 19, today, the Shanghai Futures Exchange (SHFE) aluminium price chart displayed a spike in aluminium prices, with the official SMM price halting at US$2,596 per tonne, gaining US$7 per tonne or 0.27 per cent. If we take the price during October 19 2022, into account, there has been a Year-on-Year augmentation of US$57 per tonne or 2.24 per cent.

Overnight, the most-traded SHFE 2311 aluminium contract opened at RMB 18,965 per tonne, with its lowest and highest at RMB 18,920 per tonne and RMB 19,000 per tonne before closing at RMB 18,955 per tonne, up RMB 45 per tonne or 0.24 per cent compared with the previous trading day.

SHFE 2307 aluminium added RMB 595 per tonne or 3.38 per cent to RMB 18,185 per tonne. The open interest fell 11,785 lots to 256,640 lots.

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