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Storage and Handling Rate Changes for Kodiak Warehouse, LLC
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- From
- Registrar's Office
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- #
- MKR09-02-21D
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- Notice Date
- 02 September 2021
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- Effective Date
- 01 December 2021
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DATE: September 2, 2021
MKR#: 09-02-21D
SUBJECT: Storage and Handling Rate Changes for Kodiak Warehouse, LLC
Kodiak Warehouse, LLC, a COMEX Warehouse for the storage and delivery of aluminum and copper deliverable against their respective Exchange futures contracts, will implement new rates in connection with the storage and withdrawal of aluminum and copper at its facilities located in Toledo, OH, Owensboro, KY, and New Orleans, LA. 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.
New Storage Rates
RATES AND CHARGES FOR ALUMINUM AT TOLEDO, OH & OWENSBORO, KY
Monthly Storage Charge per metric ton
$10.50
Minimum Storage charge per month for less than one lot (partial lots)
Storage - Outdoor per metric ton per month or part thereof
$7.00
Inbound Handling per metric ton (truck & rail)
$5.00
Outbound Handling to truck per metric ton (FOT)
$39.00
Outbound Handling to rail car per metric ton (FOR)
$45.00
Outbound Handling to container per metric ton (FIC)
$5.00
Outbound Handling to flatbed per metric ton (FIF)
$4.35
Weighing Charges per metric ton
$3.65
Facility Receipt (Issue & Replacement)
$12.00 Issue/$50.00 Replacement
Bill of Lading
$8.00
Blocking and Bracing per metric ton (truck)
$125.00 per truck plus dunnage cost (See Note 1)
Blocking and Bracing per metric ton (rail car)
$125.00 per rail car plus dunnage cost (See Note 1)
Blocking and Bracing per metric ton (container)
$150 per container plus dunnage cost
Additional Labor per man hour
$75.00
Restocking fee per short ton for cancelled/changed orders
$5.00
Cancellation Charge per shipment cancelled
$39.00
Note 1: Additional requirements imposed may incur additional fees.
RATES AND CHARGES FOR COPPER AT NEW ORLEANS, LA
Monthly Storage Charge per short ton
$14.00
Minimum Storage charge per month for less than one lot (partial lots)
N/A
Inbound Handling per short ton (truck & rail)
$6.50
Outbound Handling to truck per short ton (FOT)
$45.00
Outbound Handling to rail car per short ton (FOR)
$49.00
Outbound Handling to container per short ton (FIC)
$49.00
Outbound Handling to flatbed per short ton (FIF)
$45.00
Weighing Charges per short ton
$5.00
Facility Receipt (Issue & Replacement)
$75.00
Bill of Lading
$25.00
Blocking and Bracing per short ton (truck)
$5.50
Blocking and Bracing per short ton (rail car)
$5.50
Blocking and Bracing per short ton (container)
$5.50
Additional Labor per man hour
$75.00
Restocking fee per short ton for cancelled/changed orders
$5.00
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 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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