• REGULARITY APPROVAL FOR LEAD AND ZINC

      • From
      • Registrar's Office
      • #
      • MKR09-18-17F
      • Notice Date
      • 18 September 2017
      • Effective Date
      • 18 September 2017
    • DATE:            September 18, 2017

      MKR#:           09-18-17F

      SUBJECT:     REGULARITY APPROVAL FOR LEAD AND ZINC

       

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Henry Bath Singapore Ptd Ltd for regularity for the storage of lead and zinc deliverable against the COMEX Lead and COMEX Zinc futures contracts at their warehouse in Port Klang, Malaysia (Warehouse BD2A).

      The approved capacity at this facility is 29,403 metric tons for both lead and zinc.

      The primary conveyance designated by the Exchange shall be truck.  Primary conveyance shall be subject to the minimum guaranteed daily load out rate as prescribed in NYMEX Chapter 7, Rule 703.B.3.b.

      At all times, the regular warehouse shall be required to meet a cumulative minimum guaranteed daily load out rate as prescribed in NYMEX Chapter 7, Rule 703.B.3.b. for all pending load out orders.

       

      The storage and handling charges are as follows:

      Handling: Inbound from FOT to in Warehouse per Metric Ton:

      $7.50

      Handling: Inbound from FOR to in Warehouse per Metric Ton:

      N/A

      Storage: Charges per Metric Ton per Month:

      $15.50

      Handling: Outbound from in Warehouse to FOT per Metric Ton:

      $45.00

      Handling: Outbound from in Warehouse to FOR per Metric Ton:

      N/A

      Weighing Charges per Metric Ton:

      $8.00

      Preparation of Facility Receipt per Batch:

      $75.00

      Replacement of Facility Receipt per Batch:

      $75.00

      Issuance of Bill of Lading:

      $12.50

      Labor Rate per Hour:

      $75.00

      Blocking and Bracing

      On request

       

      The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of September 25, 2017 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

       

      Please refer questions on this subject to:

      Market Surveillance:

      Spencer McGowan                    spencer.mcgowan@cmegroup.com                    (312) 435-3662