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.

23 OCTOBER 2019 AL CIRCLE

US dollar's gain depressed LME aluminium overnight; SHFE edged higher on robust consumption

EDITED BY : BEETHIKA BISWAS 2MINS READ

The US dollar continued to rise against the pound and euro as uncertainty spread ahead of the British parliament’s vote on the Withdrawal Agreement Bill which will shine light on when and how Britain will exit the EU. The dollar index, which tracks the greenback against a basket of other currencies, climb by 0.21% and ended at 97.53. LME base metals and SHFE complex mostly fell overnight. LME aluminium dropped 0.29% and SHFE aluminium grew 0.07%.

A rallied US dollar index depressed aluminium prices as three-month LME aluminium extended its previous decline and ended down 0.29% at US$1,719 per tonne. There is limited upward room in LME aluminium, which may trade between US$1,705-1,730 per tonne.

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LME

As on October 22, Tuesday, LME aluminium cash (bid) price stood at US$ 1707 per tonne, LME official settlement price stands at US$ 1707.50 per tonne; 3-months bid price stands at US$ 1716.50 per tonne, 3-months offer price is US$ 1717 per tonne; Dec 20 bid price stands at US$ 1800 per tonne, and Dec 20 offer price stands at US$ 1805 per tonne.

The LME aluminium opening stock dropped to 972475 tonnes. Live Warrants totalled at 794200 tonnes, and Cancelled Warrants were 178275 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1726 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) has dropped to USD 1995 per tonne today, 23 October 2019.

The most traded SHFE 1912 contract recovered from Monday’s slide, returning above the five- and 10-day moving average to a high of RMB 13,830 per tonne during daytime trading hours, before it eased to close down 0.22% at RMB 13,795 per tonne yesterday. The December contract trimmed gains and closed slightly higher on the day at RMB 13,950 per tonne overnight. SHFE contract is likely to trade at RMB 13,740-13,840 per tonne today.

SHFE aluminium is likely to see greater volatility tonight, as traders weigh nearby robustness in consumption against supply pressure and waning cost support in the long term. The contract is expected to creep slightly higher tonight, while hovering around the five- and 10-day moving averages.

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