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 MAY 2020 AL CIRCLE

Three-month LME aluminium slipped on Tuesday by 1.14% to US$1,479.5/t; SHFE plunged to US$1802/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The US dollar fell on Tuesday as the US Federal Reserve started its long-anticipated program to buy corporate bonds and the exchange traded funds that track them, but declines were kept in check by growing fears of a second wave of infections.

Three-month LME aluminium slipped on Tuesday, erasing 1.14 per cent to close at US$ 1,479.5 per tonne. It needs tangible signs of a revival in demand to stage a rally. LME aluminium is likely to move to US$ 1,470-1,500 per tonne today.

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Three-month LME aluminium on Tuesday slipped by 1.14% to US$1,479.5/t; SHFE plunged to US$1802/t

As of Tuesday, May 12, both LME aluminium cash (bid) price and LME official settlement price declined from US$ 1454.5 per tonne to US$ 1443 per tonne. 3-months bid price and 3-months offer price also decreased from US$ 1490.5 per tonne to US$ 1482 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 1608 per tonne compared to US$ 1616 per tonne on the previous day.

LME aluminium 3-months Asian Reference Price hovered at US$ 1488.71 per tonne after declining from US$ 1492.60 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE, on Wednesday, May 13, plunged to US$ 1802 per tonne after rising in the last two consecutive days from US$ 1799 per tonne to US$ 1837 per tonne.

The most-liquid SHFE July contract slipped after opened Tuesday at RMB 12,600 per tonne, erasing all the gains from the prior day and ending at an intraday low of RMB 12,415 per tonne, down 0.72%. Pressure remained significant from the 60-day moving average. This, coupled with expectations of weakened consumption in the near future, may continue to limit upsides of the contract.

The most active SHFE July contract also fell in overnight trading, shedding 1.2 per cent to RMB 12,360 per tonne, lows in two weeks. With stiff resistance at the 60-day moving average, the SHFE July contract is expected to move at RMB 12,300-12,600 per tonne today. In the physical market, spot premiums shrank ahead of the expiry of the SHFE May contract, which saw its premiums over the June contract widen to as high as RMB 300 per tonne.

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