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.

27 JULY 2020 AL CIRCLE

Three-month LME aluminium closed 0.61% lower at $1697/t, SHFE aluminium grew to $2063/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar index touched a new 22-month low on Friday, July 24, while the safe-haven yen rose to its highest in more than four-months, as investors reacted to simmering US-China tensions, a continued rise in coronavirus cases as well as hopes for another US stimulus package.

Three-month LME aluminium fluctuated to close 0.61 per cent lower at US$ 1,697 per tonne on Friday, posting a weekly gain of 2.04 per cent. It is likely to continue to move at US$ 1,680-1,720 per tonne today.

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Three-month LME aluminium closed 0.61% lower at $1697/t

On Friday, July 24, both LME aluminium cash (bid) price and LME official settlement price edged lower at US$ 1654.50 per tonne from US$ 1661 per tonne. 3-months bid price and 3-months offer price stood at US$ 1692 per tonne, down by US$ 4.5 per tonne from US$ 1697.50 per tonne on July 23. Dec 21 bid price and Dec 21 offer price came in at US$ 1776.50 per tonne compared to US$ 1784.50 per tonne on the previous day.

The LME aluminium opening stock increased from 1640425 tonnes to 1649275 tonnes. Live Warrants hovered at 1376075 tonnes, while Cancelled Warrants at 273200 tonnes.

LME aluminium 3-months Asian Reference Price stood at US$ 1692.43 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE increased to stand at US$ 2063 per tonne on Monday, July 27, 2020.

The most-liquid SHFE contract bounced back after declined to an intraday low of RMB 14,305 per tonne, as shorts positions took profits and left, before the contract ended at RMB 14,405 per tonne, up 0.28 per cent on the day. Open interest shrank 5,886 lots to 103,697 lots. Social inventories have not shown significantly buildup, suggesting healthy downstream demand. The spot market will remain supportive of aluminium prices in the near term.

The most-active SHFE August contract ended a tad weaker at RMB 14,415 per tonne on Friday night in choppy trading. Low inventories, robust demand and firm spot premiums will remain supportive of SHFE aluminium prices. The SHFE August contract is expected to trade at RMB 14,300-14,700 per tonne today.

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