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.

31 JULY 2019 AL CIRCLE

Three months LME aluminium underperformed overnight after a rise in day's trading; SHFE likely to remain strong

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar traded rangebound on Tuesday as investors awaited the latest interest rate decision from the Federal Reserve and the index inched up 0.01% to 98.066. LME base metals closed lower across the board on Tuesday. LME aluminium declined 0.6% and SHFE aluminium traded lower overnight.

Three-month LME aluminium reversed earlier gains to finish its trading day 0.61% lower at US$1,803.5 per tonne. The load-up of short positions primarily accounted for the decline. LME aluminium underperformed its SHFE counterpart recently, and is expected to trade between US$1,790-1,840 per tonne today.

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As on July 30, Tuesday, LME aluminium cash (bid) price stood at US$ 1781 per tonne, LME official settlement price stands at US$ 1781.50 per tonne; 3-months bid price stands at US$ 1806 per tonne, 3-months offer price is US$ 1806.50 per tonne; Dec 20 bid price stands at US$ 1907 per tonne, and Dec 20 offer price stands at US$ 1912 per tonne.

The LME aluminium opening stock increased to 1023875 tonnes yesterday. Live Warrants totalled at 774650 tonnes, and Cancelled Warrants were 249225 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1811 per tonne.

SME and SHFE Aluminium Price Trend

The benchmark aluminium price on Shanghai Metal Exchange (SME) increased to US$ 2024 per tonne today from US$ 2023 per tonne on Tuesday.

The most-active SHFE September contract rallied as longs entered at a low of RMB 13,885 per tonne. It rose to around the 60-day moving average and finished at RMB13,930 per tonne, up 0.43% on the day. The September contract fluctuated to end a tad higher at RMB 13,915 per tonne overnight.

Despite an ongoing low consumption season, alumina supply cuts and an anticipated pick-up in consumption in September provided support to prices. SHFE aluminium is likely to trade between RMB 13,850-14,000 per tonne today, with spot prices in a discount of RMB 20 per tonne to a premium of RMB 20 per tonne.

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