DATE: June 11, 2015
MKR#: 06-11-15G
SUBJECT: Storage and Handling Rate Changes for Stagecoach Cartage and Distribution, LP
Stagecoach Cartage and Distribution, LP, a COMEX Licensed Warehouse for the storage and delivery of copper deliverable against the Exchange’s Copper futures contract, will implement new rates in connection with the storage and withdrawal of copper at its facilities located in El Paso, Texas. 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 October 1, 2015.
New Storage Rates
RATES AND CHARGES FOR COPPER
Monthly storage charge per short ton |
$9.50 |
Handling, inbound per short ton |
$0.00 |
Handling, outbound per short ton |
$26.75 |
Bill of lading issuance (each) |
$12.50 |
Preparation of warehouse receipts |
$0.00 |
Replacement of warehouse receipts |
$0.00 |
Insurance Premiums |
$0.00 |
Blocking and bracing per short ton |
$0.00 |
Loading of railcars per short ton |
$4.00 |
Loading of trailers per short ton |
$4.00 |
Loading of flat beds per short ton |
$2.50 |
Weighing per short ton |
$3.50 |
Extra labor per man/hr |
$26.75 |
The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of October 5, 2015 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