• Regularity Approval for Copper

      • From
      • Registrar's Office
      • #
      • MKR01-19-18B
      • Notice Date
      • 19 January 2018
      • Effective Date
      • 19 January 2018
    • DATE:            January 19, 2018

      MKR#:           01-19-18B

      SUBJECT:     Regularity Approval for Copper

       

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of 4STOX NV for regularity for the storage of copper deliverable against the COMEX Copper futures contract at their location in Tooele, UT.  The approved capacity at this warehouse is 22,000 short tons.

       

      The rates that have been approved by the Exchange to be published on behalf of 4STOX NV for copper are as follows:

       

      Storage per short ton per month

      $10.50

      Outbound handling per short ton

      $42.00

      Blocking and bracing per short ton (truck)

      $5.00

      Blocking and bracing per short ton (rail)

      $5.50

      Side loading per short ton (flatbeds)

      $5.00

      Bill of lading

      $8.00

      Replacement of Warehouse Receipt

      $5.00

      Cancellation charge per shipment cancelled

      $100.00

      Minimum storage charge per month for less than one lot

      $100.00

      Additional Labor Rate (per man hour)

      $30.00

      Restocking fees for changed or cancelled shipping orders per short ton

      $5.00

       

      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 January 22, 2018 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.