DATE: August 4, 2025
MKR#: 08-04-25
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 Detroit, MI (Seaway). The approved capacity at this warehouse is 33,069 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:
Monthly indoor storage charge per short ton |
$15.00 |
Minimum storage charge per month for less than one lot (partial lots) |
$100.00 |
Indoor handling per short ton (truck & rail) |
- |
|
|
Outbound handling to truck per short ton |
$50.00 |
Blocking and bracing per short ton (truck) |
$8.00 |
Outbound handling to rail car per short ton |
$50.00 |
Blocking and bracing per short ton (rail car) |
$8.00 |
Outbound handling to container per short ton |
$50.00 |
Blocking and bracing per short ton (container) |
$8.00 |
Outbound handling to flatbed per short ton |
$50.00 |
Weighing charges per short ton |
- |
Facility receipt (issue & replacement) |
- |
Bill of lading |
$25.00 |
Additional labor per man hour |
$85.00 |
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 August 11, 2025 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.
