• REGULARITY APPROVAL FOR COPPER

      • From
      • Registrar's Office
      • #
      • MKR02-09-16
      • Notice Date
      • 09 February 2016
      • Effective Date
      • 09 February 2016

    • DATE:            February 9, 2016

      MKR#:           02-09-16

      SUBJECT:     REGULARITY APPROVAL FOR COPPER  

       

      The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Pacorini Metals USA LLC for regularity for the storage of copper deliverable against the COMEX Copper futures contract at their location in Baltimore, MD.

      The approved capacity at this facility is 33,069 short tons.

      The storage and handling charges are as follows:

      Inbound Handling per short ton:

      $6.00

      Outbound Handling to truck per short ton (FOT)

      $35.00

      Outbound Handling to rail per short ton (FOR)

      $37.00

      Storage:

       

                Indoor per short ton per month:

      $9.75

      Weighing Charge per short ton:

      $4.50

      Facility Receipt:

       

                Issue & Replacement

      $75.00

      Bill of Lading:

       

                per truck & per railcar

      $25.00

      Blocking/Bracing:

       

               Truck per short ton  

      $4.75

               Rail per short ton  

      $4.00

      Additional Labor per man hour (1 hour minimum):

      $75.00

      The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of February 15, 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

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