• Storage and Handling Rate Changes for Henry Bath Singapore

      • From
      • Registrar's Office
      • #
      • MKR07-27-20B
      • Notice Date
      • 27 July 2020
      • Effective Date
      • 01 November 2020

    • DATE:            July 27, 2020

      MKR#:           07-27-20B

      SUBJECT:     Storage and Handling Rate Changes for Henry Bath Singapore

       

      Henry Bath Singapore Pte Ltd, a COMEX Warehouse for the storage and delivery of aluminum, lead, and zinc deliverable against the Exchange’s Aluminum, Lead, and Zinc futures contracts, will implement new rates in connection with the storage and withdrawal of aluminum, lead, and zinc at its facilities located in Port Klang, Malaysia. 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, 2020.

       

      New Storage Rates

      RATES AND CHARGES FOR ALUMINUM, LEAD, AND ZINC AT PORT KLANG, MALAYSIA

      Monthly storage charge per metric ton

      $16.43

      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*)

      $16.43

      Inbound handling per metric ton (truck & rail)

      $7.50

      Outbound handling per metric ton (FOT)

      $50.00

      Outbound handling per metric ton (FOR)

       

      Outbound handling to container per metric ton (FIC)

      $53.00

      Outbound handling to flatbed per metric ton (FIF)

       

      Weighing charges per metric ton

      $8.00

      Facility receipt (issue & replacement)

      $75.00

      Bill of lading

      $25.00

      Blocking and bracing per metric ton (truck)

      On Request

      Blocking and bracing per metric ton (rail)

      On Request

      Blocking and bracing per metric ton (container)

      On Request

      Additional labor per man hour

      $75.00

      Restocking fee per metric ton for cancelled/changed orders

      $10.00

      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 2, 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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