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.

30 AUGUST 2018 AL CIRCLE

LME continues bullish trend on cost support gaining 1.13% overnight; SHFE aluminium to follow trend in the short term

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar index slumped to the lowest in four weeks, as investors lost confidence in the dollar after the US and Mexico reached a preliminary agreement to change parts of the North American Free Trade Agreement (NAFTA). Base metals closed mixed.

Short supplies of alumina overseas provided more support to LME aluminium than to SHFE aluminium. After closing the day’s trading at US$ 2116 per tonne, the contract jumped 1.13% overnight. Shanghai Metals Market expects LME aluminium to trade at US$2,150-2,185 per tonne today.

{alcircleadd}

As on August 29, LME aluminium cash (bid) price stands at US$ 2115 per tonne, LME official settlement price stands at US$ 2116 per tonne; 3-months bid price stands at US$ 2141 per tonne, 3-months offer price is US$ 2142 per tonne; Dec 19 bid price stands at US$ 2172 per tonne, and Dec 19 offer price stands at US$ 2177 per tonne.

The LME aluminium opening stock dropped to 1075750 tonnes. Live Warrants totalled at 806325 tonnes, and Cancelled Warrants were 269425 tonne.

LME aluminium 3-months Asian Reference Price is hovering at US$ 2128 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped to US$ 2169 per tonne on August 30, from US$ 2175 per tonne on August 29.

The SHFE 1810 contract reversed some overnight gains and closed the trading day 0.61% higher at RMB 14,875 per tonne following shipment delays and production cuts on maintenance at alumina refineries in Western Australia. China’s social inventory of aluminium grew on greater arrivals, and this augmented market concern of lower-than-expected consumption in the high season. The SHFE 1810 contract is likely to get support from strong LME counterpart and to trade at RMB 14,900-15,100 per tonne with spot discounts at RMB 90-50 per tonne today.

Cost support is likely to continue in the short term, and SMM expects the contract to continue its strong and rangebound pattern in the long term.

Tagged with: