Regularity Approvals for Copper, Lead, and Zinc

DATE:           July 12, 2024

MKR#:          07-12-24

SUBJECT:     Regularity Approvals for Copper, Lead, and Zinc

The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the applications of Henry Bath LLC for regularity for the storage of copper, lead, and zinc deliverable against the respective COMEX Copper, Lead, and Zinc futures contracts at their locations in New Orleans, LA (Buildings 4, 6, and 16). The approved capacities for copper at these locations are 22,000 short tons, 82,500 short tons, and 33,000 short tons, respectively. The approved capacities for lead and zinc at these locations are 20,000 metric tons, 75,000 metric tons, and 30,000 metric tons, respectively.

The primary conveyance designated by the Exchange at all three locations for lead shall be truck and for zinc shall be rail. Primary conveyance shall be subject to the minimum guaranteed daily load out rate as prescribed in NYMEX Chapter 7, Rule 703.B.3.b., contingent on any pending conveyance orders submitted prior to the primary conveyance order.

The alternate conveyance designated by the Exchange at all three locations for lead shall be rail and for zinc shall be truck.  The minimum guaranteed daily load out rate for this conveyance shall be 200 metric tons which shall be published in the Interpretations & Special Notices Related to Chapter 7.  In electing an alternate conveyance, the minimum guaranteed daily load out rate for the alternate conveyance shall apply absent any pending conveyance orders submitted prior to the alternate conveyance order.

At all times, the regular facility shall be required to meet a cumulative minimum guaranteed daily load out rate as prescribed in NYMEX Chapter 7, Rule 703.B.3.b. for all pending load out orders, on a first come first served basis.

The rates that have been approved by the Exchange to be published on behalf of Henry Bath LLC for copper are as follows:

The rates that have been approved by the Exchange to be published on behalf of Henry Bath LLC for lead are as follows:

The rates that have been approved by the Exchange to be published on behalf of Henry Bath LLC for zinc are as follows:

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