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.

22 JUNE 2020 AL CIRCLE

Three-month LME aluminium finished lower at US$ 1,586 per tonne; SHFE climbed US$8/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar rose for the fourth consecutive day last Friday and posted its best weekly gain in a month, as fears of a second wave of coronavirus infections boosted demand for safe-haven assets.

The dollar index, which measures the greenback against six major peers, was up 0.2% at 97.622, notching a four-day winning streak.

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Three-month LME aluminium finished lower at US$ 1,586 per tonne last Friday as it came off after climbed to a session high of US$ 1,605.50 per tonne, with investors covering their bullish positions. Open interest lost 2,775 lots to 831,000 lots.

Three-month LME aluminium finished lower at US$ 1,586 per tonne

On Friday, June 19, both LME aluminium cash (bid) price and LME official settlement price stood at US$ 1578 per tonne after inching down from 1586.50 per tonne on Thursday, June 18. 3-months bid price and 3-months offer price hovered at US$ 1599 per tonne, while Dec 21 bid price and Dec 21 offer price came in at US$ 1702.5 per tonne.

The LME aluminium opening stock totalled 1605625 tonnes. Live Warrants stood at 1403775 tonnes, while Cancelled Warrants 201850 tonnes.

LME aluminium 3-months Asian Reference Price hovered at US$ 1603.81per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE climbed US$ 8 per tonne to stand at US$ 1944 per tonne on Monday, June 22, following two consecutive declines from US$ 1960 per tonne to US$ 1935 per tonne.

Energy Consumption in Aluminium Smelting

The entry of longs and departure of shorts lifted the most liquid SHFE contract for August delivery during the daytime trading session, which erased overnight losses to end 0.37% higher at a session-high of RMB 13,620 per tonne. It rose 1.68% on the week, marking a second straight week of gains, and it has climbed for eight weeks in the past 10. Falling inventories and macro euphoria are likely to prevent SHFE aluminium from pulling back.

The most-traded SHFE August contract declined to test the 10-day moving average and ended last Friday night at RMB 13,550 per tonne. It is expected to hover between RMB 13,450-13,850 per tonne today.

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