• Regularity Approval for Copper

      • From
      • Registrar's Office
      • #
      • MKR07-09-24
      • Notice Date
      • 09 July 2024
      • Effective Date
      • 09 July 2024
    • DATE:            July 09, 2024

      MKR#:           07-09-24

      SUBJECT:      Regularity Approval for Copper

       

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Access World (USA) LLC for regularity for the storage of copper deliverable against the COMEX Copper futures contract at their location in New Orleans, LA (Jourdan Rd).  The approved capacity at this warehouse is 27,500 short tons.

      The rates that have been approved by the Exchange to be published on behalf of Access World (USA) LLC for copper are as follows:

      Monthly indoor storage charge per short ton

      $15.00

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

      $110.00

      Inbound handling per short ton (truck & rail)

      $6.50

       

       

      Outbound handling to truck per short ton

      $50.00

      Blocking and bracing per short ton (truck)

      $8.50

      Outbound handling to rail car per short ton

      $53.00

      Blocking and bracing per short ton (rail car)

      $8.50

      Outbound handling to container per short ton

      $53.00

      Blocking and bracing per short ton (container)

      $8.50

      Outbound handling to flatbed per short ton

      $50.00

      Blocking and bracing per short ton (flatbed)

      $8.50

      Weighing charges per short ton

      $5.00

      Facility receipt (issue & replacement)

      $80.00

      Bill of lading

      $27.50

      Additional labor per man hour

      $100.00

      Restocking fee per short ton for cancelled/changed orders

      $5.50

      Cancellation charge per shipment cancelled

      $160.00

       

      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 July 15, 2024 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.