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Regularity Approvals for Copper
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- From
- Registrar's Office
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- #
- MKR12-22-20B
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- Notice Date
- 22 December 2020
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- Effective Date
- 22 December 2020
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DATE: December 22, 2020
MKR#: 12-22-20B
SUBJECT: Regularity Approvals for Copper
The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the applications of Stagecoach Cartage and Distribution, LLC for regularity for the storage of copper deliverable against the COMEX Copper futures contract at their locations in El Paso, TX (5850 Welch ave. and 5830 Welch ave.). The approved capacities at these warehouses are 60,000 short tons and 30,000 short tons respectively.
The rates that have been approved by the Exchange to be published on behalf of Stagecoach Cartage and Distribution, LLC for copper are as follows:
Monthly storage per short ton per month
$11.56
Handling Outbound per short ton (truck, flatbed, and container)
$42.00
Handling Outbound per short ton (Rail)
$46.00
Weighing charges per short ton
$5.00
Bill of lading
$15.50
Blocking and Bracing per short ton (truck, rail car, and container)
$2.50
Additional labor per man hour
$45.00
Please refer questions on this subject to:
Market Surveillance:
Kyle Miller kyle.miller@cmegroup.com (312) 341-3436
The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of December 28, 2020 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.
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