• Storage and Handling Rate Changes for Henry Bath LLC

      • From
      • Registrar's Office
      • #
      • MKR08-02-19I
      • Notice Date
      • 02 August 2019
      • Effective Date
      • 01 November 2019
    • DATE:            August 2, 2019

      MKR#:           08-02-19I

      SUBJECT:     Storage and Handling Rate Changes for Henry Bath LLC

       

      Henry Bath LLC, a COMEX Warehouse for the storage and delivery of aluminum, copper, lead, and zinc deliverable against the Exchange’s Aluminum, Copper, Lead, and Zinc futures contracts, will implement new rates in connection with the storage and withdrawal of aluminum, copper, lead, and zinc at its facility located in New Orleans, 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 ALUMINUM AT NEW ORLEANS, LA

      Monthly storage charge per metric ton

      $13.00

      Minimum storage charge per month for less than one lot (partial lots)

      $115.00

      Storage – Outdoor per metric ton per month or part thereof

      $13.00

      Inbound handling per metric ton (truck & rail)

      $6.62

      Outbound handling to truck per metric ton (FOT)

      $40.00

      Outbound handling to rail car per metric ton (FOR)

      $47.50

      Outbound handling to container per metric ton (FIC)

       

      Outbound handling to flatbed per metric ton (FIF)

       

      Weighing charges per metric ton

      $7.50

      Facility receipt (issue & replacement)

      $75.00

      Bill of lading

      $25.00

      Blocking and bracing per metric ton (truck)

      $100.00 per truck

      Blocking and bracing per metric ton (rail car)

      $300.00 per rail car

      Blocking and bracing per metric ton (container)

      $200.00 per container

      Additional labor per man hour

      $80.00

      Restocking fee per short ton for cancelled/changed orders

      $8.50

      Cancellation charge per shipment cancelled

      $75.00


      New Storage Rates

      RATES AND CHARGES FOR COPPER AT NEW ORLEANS, LA

      Monthly storage charge per short ton

      $9.75

      Minimum storage charge per month for less than one lot (partial lots)

      $115.00

      Inbound handling per short ton (truck & rail)

      $6.00

      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)

       

      Outbound handling to flatbed per short ton (FIF)

       

      Weighing charges per short ton

      $5.50

      Facility receipt (issue & replacement)

      $75.00

      Bill of lading

      $25.00

      Blocking and bracing per short ton (truck)

      $100.00 per truck

      Blocking and bracing per short ton (rail car)

      $300.00 per rail car

      Blocking and bracing per short ton (container)

      $200.00 per container

      Additional labor per man hour

      $80.00

      Restocking fee per short ton for cancelled/changed orders

      $8.50

      Cancellation charge per shipment cancelled

      $75.00

       

      New Storage Rates

      RATES AND CHARGES FOR LEAD AT NEW ORLEANS, LA

      Monthly storage charge per metric ton

      $11.75

      Minimum storage charge per month for less than one lot (partial lots)

      $115.00

      Inbound handling per metric ton (truck & rail)

      $6.62

      Outbound handling to truck per metric ton (FOT)

      $36.00

      Outbound handling to rail car per metric ton (FOR)

      $39.50

      Outbound handling to container per metric ton (FIC)

       

      Outbound handling to flatbed per metric ton (FIF)

       

      Weighing charges per metric ton

      $4.50

      Facility receipt (issue & replacement)

      $75.00

      Bill of lading

      $25.00

      Blocking and bracing per metric ton (truck)

      $100.00 per truck

      Blocking and bracing per metric ton (rail car)

      $300.00 per rail car

      Blocking and bracing per metric ton (container)

      $200.00 per container

      Additional labor per man hour

      $80.00

      Restocking fee per short ton for cancelled/changed orders

      $8.50

      Cancellation charge per shipment cancelled

      $75.00

       

      New Storage Rates

      RATES AND CHARGES FOR ZINC AT NEW ORLEANS, LA

      Monthly storage charge per metric ton

      $13.00

      Minimum storage charge per month for less than one lot (partial lots)

      $115.00

      Inbound handling per metric ton (truck & rail)

      $7.00

      Outbound handling to truck per metric ton (FOT)

      $40.00

      Outbound handling to rail car per metric ton (FOR)

      $47.50

      Outbound handling to container per metric ton (FIC)

       

      Outbound handling to flatbed per metric ton (FIF)

       

      Weighing charges per metric ton

      $7.50

      Facility receipt (issue & replacement)

      $75.00

      Bill of lading

      $25.00

      Blocking and bracing per metric ton (truck)

      $100.00 per truck

      Blocking and bracing per metric ton (rail car)

      $300.00 per rail car

      Blocking and bracing per metric ton (container)

      $200.00 per container

      Additional labor per man hour

      $80.00

      Restocking fee per short ton for cancelled/changed orders

      $8.50

      Cancellation charge per shipment cancelled

      $75.00

       

      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