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 AUGUST 2019 AL CIRCLE

Three-month LME aluminium plunged to a seven-week low of US$1,760/t on Monday; SHFE likely to remain rangebound

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar slipped to near a two-week low against key rivals on Monday, while the Chinese yuan weakened below 7 versus the greenback, an 11-year low, as the US-China trade war intensified. Most LME base metals closed lower on Monday. LME aluminium lost 0.4% while SHFE aluminium rose 0.4%.

Three-month LME aluminium weakened to a seven-week low of US$1,760 per tonne on Monday before it ended 0.39% lower at US$1,766 per tonne. As Rusal suspended operations at Achinsk alumina refinery after fire nearby, it is likely to provide some cost support to LME aluminium. The contract is likely to trade at US$1,760-1,800 per tonne today.

{alcircleadd}

LME

As on August 5, Monday, LME aluminium cash (bid) price stood at US$ 1738.50per tonne, LME official settlement price stands at US$ 1739.50 per tonne; 3-months bid price stands at US$ 1771per tonne, 3-months offer price is US$ 1772 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 yesterday to 1020000 tonnes. Live Warrants totalled at 756875 tonnes, and Cancelled Warrants were 263125 tonnes.

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

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) dropped to US$ 1975 per tonne today from US$ 1978 per tonne on Monday.

Prices of aluminium also received a boost from rekindled concerns about Indonesia’s export ban on raw ore, as Indonesia is the third-largest supplier of bauxite for China. The most-traded SHFE September contract rebounded from a low of RMB 13,765 per tonne to an intraday high of RMB 13,905 per tonne yesterday, before closing 0.54% higher on the day at RMB 13,880 per tonne. The SHFE contract gained 0.43% to close at RMB 13,885 per tonne overnight. SHFE aluminium is expected to remain rangebound, in view of an array of cross currents. It is likely to move between RMB 13,700-13,900 per tonne today, with spot prices in a discount of RMB 20 per tonne to a premium of RMB 20 per tonne.

Tagged with: