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.

11 SEPTEMBER 2019 AL CIRCLE

Three-month LME aluminium moves higher to reach the highest since July 26; SHFE trades range bound

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar stayed in its recent tight range and the index, which tracks the greenback against a basket of other currencies, gained 0.04% to end at 98.37 yesterday. LME base metals closed mixed while SHFE settled mostly higher on Tuesday. LME aluminium gained 1.2% and SHFE aluminium grew 0.1%.

LME aluminium continues trading higher after the low phase. Three-month LME aluminium moved higher to touch the highest level since July 26, at US$1,825 per tonne, before it gave up some gains and closed 1.19% higher at US$1,821.5 per tonne. It has shrugged off pressure from the Bollinger upper band, and may trade between US$1,780-1,830/mt today.

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LME

As on September 10, Tuesday, LME aluminium cash (bid) price stood at US$ 1775.50 per tonne, LME official settlement price stands at US$ 1776 per tonne; 3-months bid price stands at US$ 1803 per tonne, 3-months offer price is US$ 1804 per tonne; Dec 20 bid price stands at US$ 1875 per tonne, and Dec 20 offer price stands at US$ 1880 per tonne.

The LME aluminium opening stock dropped to 916825 tonnes. Live Warrants totalled at 707400 tonnes, and Cancelled Warrants were 209425 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1802 per tonne.

SME and SHFE Aluminium Price Trend

The most traded SHFE 1911 contract slightly weakened in seesaw trade, as traders weighed consumption pick-up against supply recovery. It lost 0.35% on the day to end at RMB 14,355 per tonne yesterday. Loaded-up longs buoyed the most-active SHFE November contract to highs around 14,410 per tonne, before it closed at RMB 14,390 per tonne overnight, up 0.24% on the day. The K-indicator is expected to continue to move along the five-day moving average, and keep the contract between RMB 13,350-14,450 per tonne today.

An increasingly greater number of primary aluminium smelters have decided to resume their capacity after SHFE aluminium prices recovered from a low season. This indicates a bearish market outlook for Q4 2019. For SHFE aluminium to move further higher, it needs to see encouraging consumption data.

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