• Storage and Handling Rate Changes for C. Steinweg – Handelsveem B.V.

      • From
      • Registrar's Office
      • #
      • MKR09-11-19E
      • Notice Date
      • 11 September 2019
      • Effective Date
      • 01 January 2020

    • DATE:            September 11, 2019

      MKR#:            09-11-19E

      SUBJECT:     Storage and Handling Rate Changes for C. Steinweg – Handelsveem B.V.

       

      C. Steinweg – Handelsveem B.V., a COMEX Warehouse for the storage and delivery of aluminum deliverable against the Exchange’s Aluminum futures contract, will implement new rates in connection with the storage and withdrawal of aluminum at its facility located in Singapore, Republic of Singapore. 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 January 1, 2020.

      New Storage Rates

      RATES AND CHARGES FOR ALUMINUM AT SINGAPORE, REPUBLIC OF SINGAPORE

      Monthly storage charge per metric ton

      $15.50

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

      $115.00

      Storage – Outdoor per metric ton per month or part thereof

      (*COMEX Aluminum Only*)

      $15.50

      Inbound handling per metric ton (truck & rail)

      Inbound handling to be billed to cargo owner

      Outbound handling to truck per metric ton (FOT)

      $50.00

      Outbound handling to rail car per metric ton (FOR)

       

      Outbound handling to container per metric ton (FIC)

       

      Outbound handling to flatbed per metric ton (FIF)

       

      Weighing charges per metric ton

      $8.00

      Facility receipt (issue & replacement)

      $3.00 per metric ton (issue)

      $10.00 per metric ton (re-warranting)

      Bill of lading

      On Request

      Blocking and bracing per metric ton (truck)

       

      Blocking and bracing per metric ton (rail car)

       

      Blocking and bracing per metric ton (container)

      On Request

      Additional labor per man hour

      $85.00

      Restocking fee per short ton for cancelled/changed orders

      On Request

      Cancellation charge per shipment cancelled

      On Request

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of January 6, 2020 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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