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.

18 DECEMBER 2019 AL CIRCLE

LME failed to sustain its gain on Tuesday; SHFE contract jumped to more than two months high at RMB14,065/t

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar rose on Tuesday, lifted by a decline in the pound after British Prime Minister Boris Johnson put a no-deal exit from the European Union back on the table. The dollar index recovered 0.2% and ended at 97.23. LME base metals traded mixed while the SHFE complex mostly fell. LME aluminium lost 0.68% and SHFE aluminium rose 0.57%.

Three-month LME aluminium failed to move higher with its SHFE counterpart, closing down 0.68% at US$1,764 per tonne. Trading range is seen between US$1,760-1,780 per tonne.

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LME

As on December 17, Tuesday, LME aluminium cash (bid) price stood at US$ 1753 per tonne, LME official settlement price stands at US$ 1754 per tonne; 3-months bid price stands at US$ 1766.50 per tonne, 3-months offer price is US$ 1767 per tonne; Dec 20 bid price stands at US$ 1823 per tonne, and Dec 20 offer price stands at US$ 1828 per tonne.

The LME aluminium opening stock increased again to 1444300 tonnes. Live Warrants totalled at 1321200 tonnes, and Cancelled Warrants were 123100 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1775 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) dropped to US$ 2021 per tonne on Wednesday, December 18, 2019.

The most traded SHFE 2002 contract crept up to its highest in more than two months at RMB 14,035 per tonne in morning trade, before it ended the trading day 0.68% firmer at RMB 14,015 per tonne. Social inventories of primary aluminium ingots in China are likely to continue to fall this week, in light of stable consumption and slower arrivals amid adverse weather in northern regions. The SHFE 2002 contract traded robustly overnight, climbing along the five-day moving average to a high of RMB14,065 per tonne and finished up 0.57% at RMB 14,050 per tonne, as a lack of confidence drove short position to exit. The contract is likely to hover between RMB13,950-14,150 per tonne today.

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