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.

06 JUNE 2019 AL CIRCLE

Rising US dollar put pressure on LME aluminium overnight after a gain during day's trading; to trade rangebound today

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar recovered from earlier losses on Wednesday as stronger-than-expected US services sector growth countered weak jobs data. LME base metals closed lower and aluminium dropped over 1%. SHFE aluminium declined close to 0.3%.

The LME cash contract closed Wednesday’s trading higher at US$ 1766 per tonne. A rebound in the US dollar forced three-month LME aluminium to relinquish earlier gains to close Wednesday 1.04% lower at US$1,766.5 per tonne overnight. The loading up of short positions primarily accounted for the losses in LME aluminium on the day. LME aluminium is expected to trade between US$1,760-1,820 per tonne today.

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As on June 5, Wednesday, LME aluminium cash (bid) price stood at US$ 1765.50 per tonne, LME official settlement price stands at US$ 1766 per tonne; 3-months bid price stands at US$ 1793.50 per tonne, 3-months offer price is US$ 1794 per tonne; Dec 20 bid price stands at US$ 1908 per tonne, and Dec 20 offer price stands at US$ 1913 per tonne.

The LME aluminium opening stock dropped to 1119350 tonnes. Live Warrants totalled at 710325 tonnes, and Cancelled Warrants were 409025 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1788 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) decreased today to US$ 2028 per tonne from US$ 2037 per tonne on Wednesday.

A buildup of longs pulled the most-traded SHFE July contract after it consolidated around the RMB 14,075 per tonne level in the morning. However, it stopped at RMB 14,105 per tonne, and closed the trading day 0.07% higher at RMB 14,085 per tonne yesterday, still below the 40-day moving average. Strong support was seen at RMB 14,000 per tonne. The SHFE July contract, dragged by its LME counterpart, fell to a low of RMB 14,000 per tonne overnight before it closed 0.25% lower at RMB 14,030 per tonne. It is expected to trade between RMB 13,900-14,200 per tonne today, with spot premiums of RMB 10-30 per tonne over the June contract.

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