• Regularity Approval for Copper

      • From
      • Registrar's Office
      • #
      • MKR02-11-19
      • Notice Date
      • 11 February 2019
      • Effective Date
      • 11 February 2019
    • DATE:            February 11, 2019

      MKR#:           02-11-19

      SUBJECT:     Regularity Approval for Copper

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Engelhart Warehousing (US) LLC for regularity for the storage of copper deliverable against the COMEX Copper futures contract at their location in Owensboro, KY (Warehouse 6).  The approved capacity at this warehouse is 9,982 short tons.

      The rates that have been approved by the Exchange to be published on behalf of Engelhart Warehousing (US) LLC for copper are as follows:

      Storage – Indoor per short ton per month

      $11.00

      Inbound Handling per short ton (rail only)

      $5.50

      Outbound Handling per short ton (truck and rail)

      $45.00

      Weighing Charge per short ton

      $5.00

      Facility Receipt (Issue)

      $25.00

      Facility Receipt (Replacement)

      $100.00

      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 February 18, 2019 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.