• Storage and Handling Rate Changes for Utah Commodity Storage, Inc.

      • From
      • Registrar's Office
      • #
      • MKR02-14-14
      • Notice Date
      • 14 February 2014
      • Effective Date
      • 01 May 2014

    • Utah Commodity Storage, Inc., a COMEX Licensed Warehouse for the storage of copper deliverable against the COMEX Copper futures contract, will implement new rates in connection with the storage and withdrawal of copper at its facility located in Park City, Utah. The new rates, presented below, reflect the maximum amount of fees that can be charged.

      In accordance with Exchange rules, the new rate schedule will become effective on May 1, 2014.

       

                                                                     New Storage Rates

       

                                                      RATES AND CHARGES FOR COPPER

                 

      Monthly Storage Charge per Ton:

      $9.65

      Handling: Inbound per ton:

      $0.00

      Handling: Outbound per Ton:

      $30.00

      Minimum Storage Charge per month for Less Than One Lot:

      $100.00

      Restocking Fees for Changed or Cancelled Shipping Orders per short ton plus materials:

      $5.00

      Loading of Railcars per Ton:

      $4.00

      Loading of Vans per Ton:

      $4.00

      Loading of Flatbeds per Ton:

      $2.50

       

       

       

       

       

       

       

       

       

       

       

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate change during the week of May 5, 2014 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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