• Storage and Handling Rate Changes for Utah Commodity Storage, Inc.

      • From
      • Registrar's Office
      • #
      • MKR09-02-21B
      • Notice Date
      • 02 September 2021
      • Effective Date
      • 01 December 2021

    • DATE:            September 2, 2021

      MKR#:           09-02-21B

      SUBJECT:   Storage and Handling Rate Changes for Utah Commodity Storage, Inc.

       

      Utah Commodity Storage, Inc., a COMEX Warehouse for the storage and delivery of copper deliverable against the Exchange Copper futures contract, will implement new rates in connection with the storage and withdrawal of copper at its facilities located in Tooele, UT. 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, 2021.

       

      RATES AND CHARGES FOR COPPER AT TOOELE, UT

       

      Monthly Storage Charge per short ton

      $12.65

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

      $115.00

      Inbound Handling per short ton (truck & rail)

      $6.50

      Outbound Handling to truck per short ton (FOT)

      $50.00

      Outbound Handling to rail car per short ton (FOR)

      $53.00

      Outbound Handling to container per short ton (FIC)

      $52.00

      Outbound Handling to flatbed per short ton (FIF)

      $52.00

      Weighing Charges per short ton

      $6.00

      Facility Receipt (Issue & Replacement)

      $75.00

      Bill of Lading

      $25.00

      Blocking and Bracing per short ton (truck)

      $8.75

      Blocking and Bracing per short ton (rail car)

      $10.50

      Blocking and Bracing per short ton (container)

      $10.50

      Additional Labor per man hour

      $90.00

      Restocking fee per short ton for cancelled/changed orders

      $6.00

      Cancellation Charge per shipment cancelled

      $150.00

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of December 6, 2021 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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