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 SEPTEMBER 2019 AL CIRCLE

LME plunged below its early September level yesterday; SHFE moves within 20-day moving averages

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar fell on Tuesday ahead of an expected US interest rate cut from the Federal Reserve. LME base metals, except for aluminium, closed lower on Tuesday. SHFE aluminium rose 0.2%.

After a weeklong upward movement, LME has started its downturn to a level below early September. Three-month LME aluminium slid to a six-day low of US$1,778 per tonne on Tuesday, before it rebounded to finish the trading day 0.31% higher at US$1,793 per tonne overnight. LME aluminium is expected to trade rangebound between US$1,770-1,820 per tonne today, with strong resistance from the 40- and 60-day moving averages.

{alcircleadd}

LME

As on September 17, Tuesday, LME aluminium cash (bid) price stood at US$ 1746 per tonne, LME official settlement price stands at US$ 1746.50per tonne; 3-months bid price stands at US$ 1778 per tonne, 3-months offer price is US$ 1779 per tonne; Dec 20 bid price stands at US$ 1850 per tonne, and Dec 20 offer price stands at US$ 1855 per tonne.

The LME aluminium opening stock dropped to 905725 tonnes. Live Warrants totalled at 706800 tonnes, and Cancelled Warrants were 198925 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1789 per tonne.

SME and SHFE Aluminium Price Trend

The most-liquid SHFE November contract plunged to the lowest since September yesterday, as longs departed after the contract opened at RMB 14,270 per tonne, sending it down to RMB 14,205 per tonne. The contract regained part of the losses and closed at RMB 14,240 per tonne, down 0.28% on the day. The 1911 contract gained 0.18% to close at RMB 14,275 per tonne overnight, with gains capped by the 20-day moving averages. Short-covering primarily accounted for overnight increase. The SHFE 1911 aluminium is expected to waver between RMB 14,170-14,300 per tonne today, with spot premiums of RMB 10-30 per tonne over the 1910 contract.

Expectations of higher supply and sluggish consumption in the fourth quarter sustained the backwardation structure in the SHFE 1910-2001 contracts.

Tagged with: