• REGULARITY APPROVAL FOR ZINC

      • From
      • Registrar's Office
      • #
      • MKR01-15-16C
      • Notice Date
      • 15 January 2016
      • Effective Date
      • 15 January 2016
    • DATE:           January 15, 2016

      MKR#:           01-15-16C

      SUBJECT:     REGULARITY APPROVAL FOR ZINC

       

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Worldwide Warehouse Solutions LLC for regularity for the storage of zinc deliverable against the COMEX Zinc futures contract at their location in Chicago, IL. The approved capacity at this facility is 50,000 metric tons.

      The storage and handling charges are as follows:

      Storage – Indoor per metric ton per month

      $12.50

      Inbound Handling per metric ton per month

      see note 1

      Outbound Handling per metric ton (truck)

      $39.00

      Outbound Handling per metric ton (rail)

      $45.50

      Weighing Charge per metric ton

      $7.50

      Facility Receipt (Issue and Replacement)

      $75.00

      Issuance of Bill of Lading

      $20.00

      Blocking and Bracing (per metric ton truck & rail)

      $4.50

      Labor Rate per Hour (for additional labor requested)

      $75.00

      Note 1:  Inbound handling to be billed by cargo owner.

       

      The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of January 18, 2016 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

      Please refer questions on this subject to:

      Market Surveillance:

      Terry Gehring                            Terry.Gehring@cmegroup.com               (312) 435-3644