DATE: July 26, 2024
MKR#: 07-26-24
SUBJECT: Storage and Handling Rate Changes for Kodiak Warehouse, LLC
Kodiak Warehouse, LLC a COMEX Warehouse for the storage and delivery of copper against the Exchange Copper contract, will implement new rates in connection with the storage and withdrawal of copper at its facility located in 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 schedules will become effective on November 1, 2024.
New Storage Rates
RATES AND CHARGES FOR COPPER AT NEW ORLEANS, LA
Monthly indoor storage charge per short ton |
$15.00 |
Minimum storage charge per month for less than one lot (partial lots) |
$115.00 |
Inbound handling per short ton (truck & rail) |
$6.50 |
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Outbound handling to truck per short ton |
$50.00 |
Blocking and bracing per short ton (truck) |
$9.00 |
Outbound handling to rail car per short ton |
$54.00 |
Blocking and bracing per short ton (rail car) |
$10.50 |
Outbound handling to container per short ton |
$53.00 |
Blocking and bracing per short ton (container) |
$10.50 |
Outbound handling to flatbed per short ton |
$52.00 |
Blocking and bracing per short ton (flatbed) |
$9.00 |
Weighing charges per short ton |
$7.85 |
Facility receipt (issue & replacement) |
$85.00 |
Bill of lading |
$27.50 |
Additional labor per man hour |
$100.00 |
Restocking fee per short ton for cancelled/changed orders |
$6.00 |
Cancellation charge per shipment cancelled |
$160.00 |
Please refer questions of this subject to:
Market Surveillance
Kyle Miller Kyle.Miller@cmegroup.com (312) 341-3436
The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of November 4, 2024 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.
