• Storage and Handling Rate Changes for Utah Commodity Storage, Inc.

      • From
      • Registrar's Office
      • #
      • MKR11-30-16
      • Notice Date
      • 30 November 2016
      • Effective Date
      • 01 March 2017
    • DATE:            November 30, 2016

      MKR#:           11-30-16

      SUBJECT:    Storage and Handling Rate Changes for Utah Commodity Storage, Inc.

       

      Utah Commodity Storage, Inc., a COMEX Warehouse for the storage and delivery of copper deliverable against the Exchange’s Copper futures contract, will implement new rates in connection with the storage and withdrawal of copper at its facility located in Tooele, UT. The new rates, presented below, reflect the maximum amount of fees that can be charged.

      In accordance with Exchange rules, the new rate schedule will become effective on March 1, 2017.

      New Storage Rates

       RATES AND CHARGES FOR COPPER

      Monthly Storage Charge per Short Ton:

      $10.00

      Handling – Inbound per Short Ton:

      $0.00

      Handling – Outbound per Short Ton:

      $42.00

      Loading of Railcars per Short Ton:

      $7.00

      Loading of Vans per Short Ton:

      $4.00

      Loading of Flatbeds per Short Ton:

      $4.00

      Minimum Storage Charge per month for less than whole lot:

      $100.00

      Restocking Fees for Changed or Cancelled Shipping Orders per short ton plus materials:

      $5.00


      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of March 6, 2017 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

      Please refer questions on this subject to:

      Market Surveillance

      Terry Gehring                            Terry.Gehring@cmegroup.com                           (312) 435-3644