• Storage and Handling Rate Changes for Utah Commodity Storage, Inc.

      • From
      • Registrar's Office
      • #
      • MKR06-01-18B
      • Notice Date
      • 01 June 2018
      • Effective Date
      • 01 September 2018

    • DATE:            June 1, 2018

      MKR#:           06-01-18B

      SUBJECT:     Storage and Handling Rate Changes for Utah Commodity Storage, Inc.

       

      Utah Commodity Storage, 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 Tooele, UT (Buildings 621, 651, 661, and 671). 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 TOOELE, UT

       

      Monthly Storage Charge per Short Ton

      $10.00

      Minimum Storage Charge per Month for Less than Whole Lot

      $100.00

      Inbound Handling per Short Ton

      $6.00

      Outbound Handling per Short Ton (Truck)

      $45.00

      Outbound Handling per Short Ton (Rail)

      $49.00

      Loading Out of Warehouse per Short Ton

      $7.00

      Issuance of Bill of Lading (Truck and Rail) Each

      $25.00

      Weighing per Short Ton

      $5.50

      Restocking Fees for Changed or Cancelled Shipping Orders per Short Ton Plus Materials

      $5.00

      On Demand Labor Rate (Per Hour)

      $50.00

       

      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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