• Storage and Handling Rate Changes for Tucson Port Authority, LLC

      • From
      • Registrar's Office
      • #
      • MKR08-28-20
      • Notice Date
      • 28 August 2020
      • Effective Date
      • 01 December 2020

    • DATE:           August 28, 2020

      MKR#:          08-28-20

      SUBJECT:     Storage and Handling Rate Changes for Tucson Port Authority, LLC

       

      Tucson Port Authority, 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 Tucson, AZ. 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 December 1, 2020.

      New Storage Rates

      RATES AND CHARGES FOR COPPER AT TUCSON, AZ

      Monthly storage charge per short ton

      $10.00

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

      $40.00

      Inbound handling per short ton (truck & rail)

       

      Outbound handling to truck per short ton (FOT)

      $50.00

      Outbound handling to rail car per short ton (FOR)

      $50.00

      Outbound handling to container per short ton (FIC)

      $50.00

      Outbound handling to flatbed per short ton (FIF)

      $50.00

      Weighing charges per short ton

      $4.00

      Facility receipt (issue & replacement)

      $75.00

      Bill of lading

      $20.00

      Blocking and bracing per short ton (truck)

      $5.00

      Blocking and bracing per short ton (rail car)

      $7.50

      Blocking and bracing per short ton (container)

      $5.00

      Additional labor per man hour

      $85.00

      Restocking fee per short ton for cancelled/changed orders

      $4.00

      Cancellation charge per shipment cancelled

      $100.00

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of December 7, 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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