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.

23 MARCH 2022 AL CIRCLE

LME records aluminium price hike to US$3,550.5/t as Australia’s export ban to Rusal underpins supply disruption; SHFE slips by US$11/t

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

LME aluminium opened at US$3,521 per tonne on Tuesday and closed at US$3,505 per tonne, a decrease of US$16.5 per tonne or 0.47 per cent.

{alcircleadd}

LME aluminium cash bid price rose to US$3,550 per tonne and LME aluminium official settlement price surged to US$3,550.50 per tonne, up by US$33 and US$32.50 per tonne respectively, comparing the records of Monday. We observe a rise of 0.93 per cent in the official settlement price and 0.94 per cent in the cash bid price for aluminium.

3-month bid price increased by US$26 per tonne to rest at US$3,550 per tonne and 3-month offer price had a raise of US$25.50 per tonne to rest at US$3,550. On the same day, December 23 bid price and December 23 offer price stood at US$3,325 per tonne and US$3,330 per tonne, showing no change.

According to Wood Mackenzie, also known as WoodMac, a metals & mining research and consultancy group, Australia’s ban on its alumina and aluminium ore exports to Rusal is causing major disruption in aluminium production across Russia, and therefore, hindering worldwide supply chain leading to the augmentation in global aluminium prices.

LME aluminium opening stock continued to decrease from 704850 tonnes to 695825 tonnes as of March 22^nd. Live warrants totalled 444400 tonnes recording a fall of 17550 tonnes and Cancelled warrants witnessed a rise of 8525 tonnes resting at 251425 tonnes.

The LME aluminium 3-month Asian Reference Price decreased by 0.59 per cent to stop at US$3,528 per tonne.

SHFE aluminium price

On Wednesday, March 23, the benchmark aluminium price for SHFE has further slipped by US$11 per tonne to stand at US$3,599 per tonne.

Overnight, the most-traded SHFE 2205 aluminium contract opened at RMB 23,065 per tonne, with the highest and lowest prices at RMB 23,145 per tonne and RMB 22,840 per tonne before closing at RMB 22,870 per tonne, down RMB 150 per tonne or 0.65 per cent.

The most-traded SHFE 2205 aluminium closed down 0.33 per cent or RMB 75 per tonne to RMB 22,950 per tonne, with open interest up 3,544 lots to 238,391 lots.

Tagged with: