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Regularity Approval for Copper
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- From
- Registrar's Office
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- #
- MKR02-08-23
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- Notice Date
- 08 February 2023
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- Effective Date
- 08 February 2023
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DATE: February 8, 2023
MKR#: 02-08-23
SUBJECT: Regularity Approval for Copper
The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Metal Ox Warehousing, Inc. for regularity for the storage of copper deliverable against the COMEX Copper futures contract at their location in New Orleans, LA. The approved capacity at this warehouse is 28,000 short tons.
The rates that have been approved by the Exchange to be published on behalf of Metal Ox Warehousing, Inc. for copper are as follows:
$14.00
Minimum storage charge per month for less than one lot (partial lots)
$100.00
Inbound handling per short ton (truck & rail)
Outbound handling to truck per short ton
$48.00
Outbound handling to rail per short ton
$48.00
Outbound handling to container per short ton
$48.00
Outbound handling to flatbed per short ton
$51.00
Weighing charges per short ton
Facility receipt (issue & replacement)
Bill of lading
$20.00
Blocking and bracing per short ton (truck)
$8.00
Blocking and bracing per short ton (rail car)
$8.00
Blocking and bracing per short ton (container)
$8.00
Additional labor per man hour
$60.00
Restocking fee per short ton for cancelled/changed orders
$5.00
Cancellation charge per shipment cancelled
$100.00
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 February 13, 2023 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.
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