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.

01 NOVEMBER 2018 AL CIRCLE

LME plunges to a new low on strong US dollar and absence of strong fundamentals; SHFE follows suit

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar edged up to a fresh 16-month high against a basket of key currencies on Wednesday as the US economy continued to strengthen, putting the greenback on pace for a seventh straight month of gains. Most LME and SHFE base metals ended in negative territory overnight and aluminium lost 0.5%.

LME aluminium closed the day’s trading at a new low of US$ 1946 per tonne. It started recovering at night; however, as the US dollar extended its gains, the contract reversed its earlier gains and dropped to US$1,953.5 per tonne. Finally the contract closed at US$1,955.5 per tonne overnight. It is expected to trade at US$1,940-1,980 per tonne today with a strong US dollar.

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As on October 31, Wednesday, LME aluminium cash (bid) price stood at US$ 1945.50 per tonne, LME official settlement price stands at US$ 1946 per tonne; 3-months bid price stands at US$ 1966 per tonne, 3-months offer price is US$ 1966.50 per tonne; Dec 19 bid price stands at US$ 2020 per tonne, and Dec 19 offer price stands at US$ 2025 per tonne.

The LME aluminium opening stock dropped to 1047950 tonnes. Live Warrants totalled at 725725 tonnes, and Cancelled Warrants were 322225 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1963 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange dropped to US$ 1983 per tonne today from US$ 2010 per tonne on October 31.

SHFE 1812 contract plunged to an intraday low of RMB 13,935 per tonne yesterday. This marked the lowest since mid-July. It then hovered around RMB 13,955 per tonne and settled at RMB 13,960 per tonne, below the daily moving average. With pressure at the RMB 14,000 per tonne level, the SHFE 1812 contract reversed its direction and fell to close near its session-lows of RMB 13,940 per tonne overnight after it climbed to a high of RMB 14,020 per tonne. The 1901 contract turned to be the most traded SHFE aluminium contract overnight. SHFE aluminium is expected to trade at RMB 13,900-14,050 per tonne today with spot discounts at RMB 70-30 per tonne.

A weaker-than-expected Chinese manufacturing PMI and a higher US dollar had fuelled market pessimism and put pressure on the prices.

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