REGULARITY APPROVAL FOR ALUMINIUM

DATE:            January 25, 2016

MKR#:            01-25-16C

SUBJECT:      REGULARITY APPROVAL FOR ALUMINIUM  

The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Pacorini Metals USA LLC for regularity for the storage of aluminum deliverable against the COMEX Aluminum futures contract at their location in New Orleans, LA. 

The approved cumulative indoor and outdoor capacity at this location is 60,000 metric tons. 

The primary conveyance designated by the Exchange shall be truck. 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 shall be rail.  The minimum guaranteed daily load out rate for this conveyance shall be 1,000 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 storage and handling charges are as follows:

The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of February 1, 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