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Storage and Handling Rate Changes for Kodiak Warehouse, LLC
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- From
- Registrar's Office
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- #
- MKR08-02-19
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- Notice Date
- 02 August 2019
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- Effective Date
- 01 November 2019
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DATE: August 2, 2019
MKR#: 08-02-19
SUBJECT: Storage and Handling Rate Changes for Kodiak Warehouse, LLC
Kodiak 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 St. Rose, LA. 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 November 1, 2019.
New Storage Rates
RATES AND CHARGES FOR COPPER AT ST. ROSE, LA
Monthly storage charge per short ton
$9.50
Minimum storage charge per month for less than one lot (partial lots)
Inbound handling per short ton (truck & rail)
$6.50
Outbound handling to truck per short ton (FOT)
$45.00
Outbound handling to rail car per short ton (FOR)
$49.00
Outbound handling to container per short ton (FIC)
$49.00
Outbound handling to flatbed per short ton (FIF)
$45.00
Weighing charges per short ton
$5.00
Facility receipt (issue & replacement)
$75.00
Bill of lading
$25.00
Blocking and bracing per short ton (truck)
$5.50
Blocking and bracing per short ton (rail car)
$5.50
Blocking and bracing per short ton (container)
$5.50
Additional labor per man hour
$75.00
Restocking fee per short ton for cancelled/changed orders
$5.00
Cancellation charge per shipment cancelled
$100.00
The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of November 4, 2019 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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