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 NOVEMBER 2018 AL CIRCLE

SHFE aluminium slumps to the lowest since January 2017 today morning; LME losing upward momentum

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar lost ground against most of major currencies on Monday, as growing expectations of an orderly Brexit bolstered the pound, euro and global investor sentiment. The dollar closed at 96.32. This was ahead of the US midterm elections on November 6 that many analysts say will set the trend for the greenback, and all of the global currency market. LME base metals fell across the board while SHFE contracts closed mixed. LME aluminium slid 0.63%.

LME aluminium closed Monday’s trading at US$ 1959 per tonne. It then rose to a high of US$1,991 per tonne overnight and lost upward momentum after that. The contract settled at US$1,974.5 per tonne with little upward room expected today. Trading range is likely at US$1,960-1,990 per tonne today.

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As on November 5, Monday, LME aluminium cash (bid) price stood at US$ 1958 per tonne, LME official settlement price stands at US$ 1959 per tonne; 3-months bid price stands at US$ 1970.50 per tonne, 3-months offer price is US$ 1971 per tonne; Dec 19 bid price stands at US$ 2025 per tonne, and Dec 19 offer price stands at US$ 2030 per tonne.

The LME aluminium opening stock dropped to 1050475 tonnes. Live Warrants totalled at 728550 tonnes, and Cancelled Warrants were 321925 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1976 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange increased to US$ 2002 per tonne today from US$ 2006 per tonne on November 5.

Despite a higher open, the SHFE 1901 contract fell during the day trading hours on Monday as China's services sector grew at the slowest in 13 months. This drove the contract to give up most of gains it made on Friday and finish the trading day in negative territory. The contract then slumped to the lowest level since the end of January 2017 overnight, at RMB 13,780 per tonne as shorts increased. It closed at RMB 13,945 per tonne after testing twice the resistance at that level. We expect it to extend the weak trend today and trade at RMB 13,830-13,950 per tonne, with spot discounts at RMB 70-30 per tonne.

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