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.

26 SEPTEMBER 2019 AL CIRCLE

LME plunged further yesterday on stronger greenback; SHFE dropped to the lowest in about six weeks

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar rose to a two-week high of 99.06 against a basket of currencies on Wednesday after the launch of a formal impeachment inquiry against President Donald Trump, while the political uncertainty added to worries about economies strained by the Sino-US trade row. LME aluminium dropped and SHFE aluminium fell 0.2%.

The load-up of short positions knocked three-month LME aluminium below moving averages to a three-week low of US$1,750 per tonne on Wednesday night, before the contract closed 0.57% lower at US$1,752.5 per tonne. Poor demand overseas and a stronger US dollar will keep LME aluminium weak in the short run. The contract is expected to hover between US$1,750-1,800 per tonne today.

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lme

As on September 25, Wednesday, LME aluminium cash (bid) price stood at US$ 1735 per tonne, LME official settlement price stands at US$ 1736 per tonne; 3-months bid price stands at US$ 1758 per tonne, 3-months offer price is US$ 1758.50 per tonne; Dec 20 bid price stands at US$ 1840 per tonne, and Dec 20 offer price stands at US$ 1845 per tonne.

The LME aluminium opening stock increased to 907400 tonnes. Live Warrants totalled at 719350 tonnes, and Cancelled Warrants were 188050 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1757 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) stands at USD 2035 per tonne today, 26 September 2019.

As longs took profits from previous gains, the most-liquid SHFE November contract slipped and ended the trading day at a low of RMB 14,110 per tonne yesterday, down 0.7%. The SHFE 1911 contract then slipped to a low of RMB 14,080 per tonne, the lowest in about six weeks, overnight before it ended 0.21% lower at RMB 14,115 per tonne. Despite a continued high consumption season, expectations for greater supply at the end of the year and weaker demand after the week-long break sent SHFE aluminium to the 60-day moving average. The SHFE 1911 contract is expected to hover between RMB 14,050-14,200 per tonne today, with spot premiums of RMB 20-40 per tonne over the 1910 contract.

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