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.

07 JUNE 2018 AL CIRCLE

LME closed higher and stands above all moving averages today; SHFE stays rangebound

EDITED BY : BEETHIKA BISWAS 2MINS READ

LME aluminium is on a higher range this week with the consolidation of the US dollar. LME aluminium contract closed slightly higher at US$ 2317.50 per tonne on June 6 from US$ 2314.50 per tonne on June 5. The contract hit a high of US$2,344 per tonne overnight after touching a low of US$2,307 per tonne. It now stands above all moving averages and is likely to try to break the US$2,355 per tonne level today with a trading range of US$2,320-2,360 per tonne.

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As on June 6, LME aluminium cash (bid) price stands at US$ 2317 per tonne, LME official settlement price stands at US$ 2317.50 per tonne; 3-months bid price stands at US$ 2322.50 per tonne, 3-months offer price is US$ 2323 per tonne; Dec 19 bid price stands at US$ 2308 per tonne, and Dec 19 offer price stands at US$ 2313 per tonne.

The LME aluminium opening stock slightly dropped to 1186350 tonnes. Live Warrants totalled at 920375 tonnes, and Cancelled Warrants were 265975 tonne.

LME aluminium 3-months ABR price is hovering at US$ 2341 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 2315 per tonne on June 7 from US$ 2289 per tonne on June 6.

As base metals rose across the board, the SHFE 1807 contract climbed and closed at RMB 14,885 per tonne yesterday. The dominant contract moved to the 1808 yesterday, as open interest gained 16,356 lots to 216,854 lots. The dominant contract is expected to test pressure in the short term.

Dragged by shorts, the SHFE 1807 contract fell to a low of RMB 14,795 per tonne overnight after it hit a high of RMB14,950 per tonne. It then traded rangebound as shorts and longs diverged and both added their positions. SMM expects the contract to trade at RMB14,750-15,000 per tonne today with spot discounts at RMB 80-40 per tonne.

The US dollar fell for three consecutive trading days and closed at 93.6 overnight while the euro climbed up. Following Canada and Mexico, the European Commission approved the decision on Wednesday to impose additional duties on the full list of US products. Base metals rose across the board except for zinc and nickel.

Key factors to watch today include China's foreign exchange reserves in May, the eurozone’s seasonally adjusted GDP in the first quarter and the US initial jobless claims over the week ended June 2.

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