• Storage and Handling Rate Changes for 4STOX NV

      • From
      • Registrar's Office
      • #
      • MKR11-01-17
      • Notice Date
      • 01 November 2017
      • Effective Date
      • 01 February 2018
    • DATE:              November 1, 2017

      MKR#:             11-1-17

      SUBJECT:      Storage and Handling Rate Changes for 4STOX NV

       

      4STOX NV, 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 Tucson, AZ. 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 February 1, 2018.

      New Storage Rates

      RATES AND CHARGES FOR COPPER

      Storage – Indoor per short ton per month

      $10.00

      Handling Outbound per short ton (truck and rail)

      $42.00

      Facility Receipt (Replacement)

      $5.00

      Bill of Lading

      $8.00

      Blocking and Bracing per short ton (truck)

      $5.00

      Blocking and Bracing per short ton (rail)

      $4.00

      Side Loading Flatbeds per short ton

      $2.50

      Additional Labor per man hour

      $20.00

      Cancellation charge per shipment cancelled

      $100.00

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of February 5, 2018 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