• Storage and Handling Rate Changes for Southwest Commodity Warehouses, Inc.

      • From
      • Registrar's Office
      • #
      • MKR07-30-15
      • Notice Date
      • 30 July 2015
      • Effective Date
      • 01 November 2015
    • DATE:            July 30, 2015

      MKR#:           07-30-15

      SUBJECT:     Storage and Handling Rate Changes for Southwest Commodity Warehouses, Inc.


      Southwest Commodity Warehouses, Inc., a COMEX 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 Tucson, AZ. 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 November 1, 2015.


      New Storage Rates



      Monthly Storage Charge per short ton


      Handling Inbound per short ton


      Handling Outbound per short ton


      Loading per short ton (Flatbeds)


      Bill of Lading


      Issuance of Original Warehouse Receipt


      Replacement of Warehouse Receipt per receipt


      Minimum Storage Charge per month for less than one lot


      Insurance Premiums


      Side Loading/Bracing per short ton (Flatbeds)


      Blocking/Bracing per short ton (Rail Cars)


      Blocking/Bracing per short ton (Vans)


      Cancellation Charge per shipment cancelled


      Additional Labor Rate per man hour


      Weighing per short ton (upon request)


      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of November 2, 2015 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.

      Please refer questions on this subject to:

      Market Surveillance

      Marc Naimoli                             Marc.Naimoli @cmegroup.com              (312) 341-7051