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.

13 MAY 2019 AL CIRCLE

Lower inventory and weaker US dollar buoyed LME aluminium to a high on Friday night; SHFE continues strong

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar weakened against its major rivals on Friday as market participants worked through newly-released consumer price data. US and China trade representatives wrapped up two days of talks but failed to reach an agreement. The Trump administration raised the stakes for future negotiations by raising tariffs on $200 billion worth of Chinese imports. Those tariffs "may or may not be removed depending on what happens with respect to future negotiations," Trump tweeted.

Base metals mostly ended higher as LME aluminium rose 0.47%. SHFE aluminium increased 0.64%.

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Lower inventories across LME warehouses and the weaker US dollar buoyed three months LME aluminium to a high of US$1,821 per tonne, and settled it at US$1,810.5 per tonne during Friday night. LME aluminium is expected to trade within a range of US$1,790-1,820 per tonne today.

As on May 10, LME aluminium cash (bid) price stood at US$ 1764 per tonne, LME official settlement price stands at US$ 1765 per tonne; 3-months bid price stands at US$ 1800 per tonne, 3-months offer price is US$ 1800.50 per tonne; Dec 20 bid price stands at US$ 1918 per tonne, and Dec 20 offer price stands at US$ 1923 per tonne.

The LME aluminium opening stock stood at 1266575 tonnes. Live Warrants totalled at 849225 tonnes, and Cancelled Warrants were 417350 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1809 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange has increased to US$ 2072 per tonne from US$ 2061 per tonne on Friday May 10.

The most traded SHFE June contract rose during Friday, finishing the trading day 1.21% higher at RMB 14,170 per tonne. It has fully recovered from Monday’s sharp loss and stands firmly above the middle Bollinger band. The SHFE 1906 contract then rebounded as longs entered after market sentiment eased on Friday. In the short run, higher US tariffs are likely to have minimal impact on Chinese aluminium exports. We see the contract trading at RMB14,150-14,250 per tonne with its spot offers likely to stand flat or trading at a premium of RMB 20 per tonne today.

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