• Regularity Approval for Copper

      • From
      • Registrar's Office
      • #
      • MKR06-01-17B
      • Notice Date
      • 01 June 2017
      • Effective Date
      • 01 June 2017
    • DATE:             June 1, 2017

      MKR#:             06-01-17B

      SUBJECT:       Regularity Approval for Copper

       

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Kodiak Warehouse, LLC for regularity for the storage of copper deliverable against the COMEX Copper futures contract at their location in St. Rose, Louisiana.  The approved capacity at this warehouse is 16,500 short tons.

      The rates that have been approved by the Exchange to be published on behalf of Kodiak Warehouse, LLC for copper are as follows:

      Storage – Indoor per short ton per month

      $9.50

      Inbound Handling per short ton (truck & rail)

      $6.00

      Outbound Handling per short ton (truck)

      $35.00

      Outbound Handling per short ton (rail)

      $40.00

      Weighting Charge per short ton

      $5.00

      Facility Receipt (Issue and Replacement)

      $75.00

      Issuance of Bill of Lading

      $25.00

      Blocking and Bracing (per short ton truck & rail)

      $5.50

      Labor Rate per hour (for additional labor requested)

      $75.00

       

      Please refer questions on this subject to:

      Market Surveillance:

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

       

      The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of June 5, 2017 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.