DATE: July 30, 2015
MKR#: 07-30-15B
SUBJECT: Storage and Handling Rate Changes for Arizona and Utah Commodity Storage, Inc.
Arizona and Utah Commodity Storage, Inc., COMEX Warehouses 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 and Salt Lake City, UT. 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
RATES AND CHARGES FOR COPPER
Monthly Storage Charge per short ton |
$9.65 |
Handling Inbound per short ton |
$0.00 |
Handling Outbound per short ton |
$35.00 |
Loading per short ton (Van) |
$4.50 |
Loading per short ton (Flatbeds) |
$4.00 |
Loading per short ton (Rail) |
$7.00 |
Bill of Lading |
$0.00 |
Restocking Fees for Changed or Cancelled Shipping Orders per short/metric ton plus materials: |
$0.00 |
Replacement of Warehouse Receipt per receipt |
$0.00 |
Minimum Storage Charge per month for less than one lot |
$100.00 |
Insurance Premiums |
$0.00 |
Blocking/Bracing per short ton (Rail Cars) |
$0.00 |
Blocking/Bracing per short ton (Vans) |
$0.00 |
Cancellation Charge per shipment cancelled |
$0.00 |
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