• Storage and Handling Rate Changes for Southwest Commodity Warehouse, LLC

      • From
      • Registrar's Office
      • #
      • MKR04-07-16
      • Notice Date
      • 07 April 2016
      • Effective Date
      • 01 August 2016
    • DATE:            April 7, 2016

      MKR#:           04-07-16

      SUBJECT:     Storage and Handling Rate Changes for Southwest Commodity Warehouse, LLC


      Southwest Commodity Warehouse, LLC, 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 August 1, 2016.


                                                  New Storage Rates

                                     RATES AND CHARGES FOR COPPER

      Monthly Storage Charge per short ton


      Handling Inbound per short ton


      Handling Outbound per short ton


      Bill of Lading


      Preparation of Warehouse Receipt


      Replacement of Warehouse Receipt


      Insurance Premiums


      Blocking and Bracing per short ton (Vans)


      Blocking and Bracing per short ton (Rail Cars)


      Side Loading per short ton (Flatbeds)


      Cancellation Charge per shipment cancelled


      Additional Labor Rate per man hour



      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of August 8, 2016 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