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.

13 DECEMBER 2019 AL CIRCLE

Three-month LME aluminium rose to its highest in nearly two weeks yesterday; SHFE continues strong

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar dropped to its lowest in more than five months against its rivals, reversing gains from Thursday’s rally, as risk appetite returned on reports that China and the US are close to the signing of a “phase one” trade deal. LME base metals drifted higher on Thursday. Aluminium advanced 0.7%. SHFE aluminium dipped 0.1%.

Three-month LME aluminium crept up to its highest in nearly two weeks at US$1,779.5 per tonne on Thursday, before it finished the trading day 0.68% stronger at US$1,771.5 per tonne. The unwinding of short positions primarily accounted for the gains.

{alcircleadd}

LME

As on December 12, Thursday, LME aluminium cash (bid) price stood at US$ 1754.50 per tonne, LME official settlement price stands at US$ 1755 per tonne; 3-months bid price stands at US$ 1765 per tonne, 3-months offer price is US$ 1767 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 1343800 tonnes. Live Warrants totalled at 1218125 tonnes, and Cancelled Warrants were 125675 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1764 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) increased to US$ 2003 per tonne on Friday, December 13, 2019.

The most-liquid SHFE 2001 contract retreated after three consecutive days of increase, falling below moving averages to an intraday low of RMB 13,930 per tonne and ending down 0.32% on the day at RMB 13,955 per tonne. Despite heavy pressure from RMB 14,000 per tonne, the decline was capped as social inventories of primary aluminium continued to fall on the week. The SHFE 2002 contract slipped to a session-low of RMB 13,850 per tonne overnight, before it recovered some ground to end 0.11% weaker at RMB 13,890 per tonne. SHFE aluminium is expected to hover between RMB 13,800-13,950 per tonne today. Spot premiums are seen at RMB 10-30 per over the SHFE 1912 contract.

Tagged with: