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.

30 AUGUST 2019 AL CIRCLE

Three months LME aluminium rebounded overnight to US$1,754/t after continuous decline; SHFE remained flat

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar was modestly higher as news that Washington and Beijing were discussing negotiations in September eased anxieties about the ongoing trade war. LME base metals closed mixed while SHFE metals ended mostly lower. LME aluminium gained 0.29% and aluminium fell 0.25%.

LME continued its downward trend during Thursday’s trading. Three-month LME aluminium rebounded at night after it slumped to a fresh low of US$1,734 per tonne as the prospect of recovery at some aluminium smelters in China in mid-September dragged on the most-liquid SHFE October contract. LME aluminium finished at US$1,754 per tonne, gaining 0.29% after seven consecutive trading days of declines. The contract is likely to trade within US$1,740-1,760 per tonne today.

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LME

As on August 29, Thursday, LME aluminium cash (bid) price stood at US$ 1713 per tonne, LME official settlement price stands at US$ 1713.50 per tonne; 3-months bid price stands at US$ 1742 per tonne, 3-months offer price is US$ 1742.50 per tonne; Dec 20 bid price stands at US$ 1827 per tonne, and Dec 20 offer price stands at US$ 1832 per tonne.

The LME aluminium opening stock increased to 928275 tonnes. Live Warrants totalled at 672475 tonnes, and Cancelled Warrants were 255800 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1744 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) has dropped to US$ 1993 per tonne today from US$ 1998 per tonne on Thursday.

The most active SHFE 1910 contract dropped below the five- and 10-day moving averages to lows of RMB 14,200 per tonne in morning trade, as longs fled on news that an aluminium producer in Shandong will resume part of its capacity that previously broke down in the middle of September. The contract traded rangebound under the five-day moving average in the afternoon and finished the trading day 0.45% lower at RMB 14,225 per tonne. The October contract then relinquished earlier gains and ended down 0.25% at RMB 14,225 per tonne. The October contract is seen trading at RMB 14,230-14,300 per tonne today.

SMM data showed that social inventories of primary aluminium ingots declined 30,000 tonne this week, after four consecutive weeks of gains. This suggested that fundamentals are improving as expected. SHFE aluminium is expected to remain rangebound tonight.

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