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 DECEMBER 2019 AL CIRCLE

LME traded bullish last week and closed at US$1,801/t on Friday night; SHFE to trade between RMB 14,170-14,250/t

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar recorded its best week since early November on the back of a series of strong US economic data that reduced the likelihood of a near-term cut in interest rates. The dollar index, which tracks the greenback against a basket of other currencies, rose 0.3% on the day and finished at 97.68 last Friday. LME base metals and the SHFE complex increased for the most part. LME aluminium gained 0.06% and SHFE aluminium gained 0.39%.

Three-month LME aluminium pulled back after rising to a high of US$1,805 per tonne, and closed slightly higher on the day at US$1,801 per tonne.

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LME

As on December 20, Friday, LME aluminium cash (bid) price stood at US$ 1770 per tonne, LME official settlement price stands at US$ 1770.50 per tonne; 3-months bid price stands at US$ 1801 per tonne, 3-months offer price is US$ 1803 per tonne; Dec 20 bid price stands at US$ 1858 per tonne, and Dec 20 offer price stands at US$ 1863 per tonne.

The LME aluminium opening stock increased again to 1486550 tonnes. Live Warrants totalled at 1305150 tonnes, and Cancelled Warrants were 181400 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1797 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) dropped to US$ 2040 per tonne on Monday, December 23, 2019.

The most traded SHFE 2002 contract eased during the daytime session, paring overnight gains to close 0.14% higher at RMB 14,175 per tonne, as longs took profits after the prices climbed to highs in more than three months. The SHFE 2002 contract hovered in a narrow range with a high of RMB 14,260 per tonne, before ending up 0.53% at RMB 14,250 per tonne. Expectations of further decline in social inventories of primary aluminium on the back of healthy demand will sustain a backwardation structure. Today, the SHFE contract is likely to trade between RMB 14,170-14,250 per tonne, with LME aluminium between US$1,780-1,810 per tonne. Low stocks and tight spot availability are expected to limit downside in SHFE aluminium.

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