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.

05 DECEMBER 2019 AL CIRCLE

Three-month LME aluminium dipped to the lowest in more than one week to US$1,748/t on Wednesday night

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar held firm above a one-month low against its rivals after a news report on Wednesday from Bloomberg that said the US and China were edging closer to a trade deal. LME base metals, except for aluminium and nickel, drifted higher on Wednesday. The SHFE aluminium dipped 0.07%.

Three-month LME aluminium erased earlier gains to its lowest in more than one week at US$1,748 per tonne on Wednesday night, before it recovered some ground to close down 0.54% at US$1,758.5 per tonne. The unwinding of long positions primary accounted for the loss in prices, which bucked the uptrend across most nonferrous metals.

{alcircleadd}

LME

As on December 4, Wednesday, LME aluminium cash (bid) price stood at US$ 1770.50 per tonne, LME official settlement price stands at US$ 1771 per tonne; 3-months bid price stands at US$ 1763 per tonne, 3-months offer price is US$ 1763.50 per tonne; Dec 20 bid price stands at US$ 1823 per tonne, and Dec 20 offer price stands at US$ 1828 per tonne.

The LME aluminium opening stock increased again to 1274850 tonnes. Live Warrants totalled at 1121500 tonnes, and Cancelled Warrants were 153350 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1766 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) dropped to US$ 1998 per tonne today December 5, 2019.

The most-liquid SHFE 2001 contract regained early losses as it rebounded from an intraday low of RMB 13,905 per tonne, finishing 0.14% higher on the day at RMB 13,970 per tonne amid short-covering. The SHFE 2001 contract recovered from earlier losses to end a tad lower at RMB 13,940 per tonne overnight. It is likely to waver between RMB 13,890-14,000 per tonne today, with spot premiums of RMB 50-70 per tonne over the SHFE 1912 contract.

SMM will release its weekly primary aluminium inventories data today. The changes in domestic social inventories of primary aluminium will continue to determine near-term prices.

Tagged with: