• Storage and Handling Rate Changes for Tucson Port Authority, LLC

      • From
      • Registrar's Office
      • #
      • MKR12-29-17B
      • Notice Date
      • 29 December 2017
      • Effective Date
      • 01 April 2018
    • DATE:            December 29, 2017

      MKR#:           12-29-17B

      SUBJECT:     Storage and Handling Rate Changes for Tucson Port Authority, LLC

       

      Tucson Port Authority, LLC, a COMEX Licensed 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, Arizona. 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 April 1, 2018.

       

      New Storage Rates

       

      RATES AND CHARGES FOR COPPER

      Monthly Storage Charge per short ton

      $10.00

      Handling Outbound per short ton (Truck and Rail)

      $42.00

      Bill of Lading

      $7.00

      Minimum Storage Charge per month for less than one lot

      $75.00

      Blocking/Bracing per short ton (Rail)

      $7.50

      Blocking/Bracing per short ton (Truck, Vans and Flatbed)

      $5.00

      Cancellation Charge per shipment cancelled

      $100.00

      Additional Labor Rate per man hour

      $20.00

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of April 2, 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