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Storage and Handling Rate Changes for Metal Ox Warehousing, Inc.
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- From
- Registrar's Office
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- #
- MKR06-01-18
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- Notice Date
- 01 June 2018
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- Effective Date
- 01 September 2018
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DATE: June 1, 2018
MKR#: 06-01-18
SUBJECT: Storage and Handling Rate Changes for Metal Ox Warehousing, Inc.
Metal Ox Warehousing, Inc., a COMEX Warehouse for the storage and delivery of copper deliverable against the Exchange’s Copper futures contracts, will implement new rates at their facilities located in Clearfield, UT (Buildings Z-15 and Y-15) and Ogden, UT (Buildings 1B, 5C, and 15C). 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 September 1, 2018.
New Storage Rates
RATES AND CHARGES FOR COPPER AT CLEARFIELD, UT AND OGDEN, UT
Storage Charge per short ton per month
$11.00
Handling Outbound per short ton (includes loading of vans and railcars)
$44.00
Additional fee per short ton for loading to flatbed
$5.00
Blocking and Bracing per short ton
$6.00
Documentation charge per bill of lading
$20.00
Restocking fee per short ton for cancelled/changed orders
$5.00
Labor Rate per Hour (for additional labor requested)
$32.00
The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of September 3, 2018 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.
Please refer questions of this subject to:
Market Surveillance
Terry Gehring Terry.Gehring@cmegroup.com (312) 435-3644
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