DATE: September 11, 2019
MKR#: 09-11-19G
SUBJECT: Regularity Approval for Aluminum
The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Access World (Rotterdam) B.V. for regularity for the storage of aluminum deliverable against the COMEX Aluminum futures contract at their location in Rotterdam, The Netherlands.
The approved cumulative indoor and outdoor capacity at this warehouse is 6,500 metric tons.
The primary conveyance designated by the Exchange shall be truck. Primary conveyance shall be subject to the minimum guaranteed daily load out rate as prescribed in COMEX Chapter 7, Rule 703.B.3.b., contingent on any pending conveyance orders submitted prior to the primary conveyance order.
At all times, the regular warehouse shall be required to meet a cumulative minimum guaranteed daily load out rate as prescribed in COMEX Chapter 7, Rule 703.B.3.b. for all pending load out orders, on a first come first served basis.
The rates that have been approved by the Exchange to be published on behalf of Access World (Rotterdam) B.V. for aluminum are as follows:
Monthly storage charge per metric ton |
$10.40 |
Minimum storage charge per month for less than one lot (partial lots) |
N/A |
Storage – outdoor per metric ton per month or part thereof |
$9.75 |
Inbound handling per metric ton (truck & rail) |
$0.00 |
Outbound handling per metric ton (FOT) |
$36.75 |
Outbound handling per metric ton (FOR) |
N/A |
Outbound handling to container per metric ton (FIC) |
$36.75 |
Outbound handling to flatbed per metric ton (FIF) |
$36.75 |
Weighing charges per metric ton |
$4.65 |
Facility receipt (issue & replacement) |
$0.00 |
Bill of lading |
$15.75 |
Blocking and bracing per metric ton (truck) |
N/A |
Blocking and bracing per metric ton (rail) |
N/A |
Blocking and bracing per metric ton (container) |
$4.20 |
Additional labor per man hour |
$42.00 |
Restocking fee per short ton for cancelled/changed orders |
$3.70 |
Cancellation charge per shipment cancelled |
$28.88 |
Please refer questions on this subject to:
Market Surveillance:
Kyle Miller kyle.miller@cmegroup.com (312) 341-3436
The Commodity Trading Commission (CFTC) will be notified of this approval during the week of September 16, 2019 via weekly notification procedures set out in Part 40 of the CFTC Regulations.