Effective July 1, 2010, Utah Commodity Storage, Inc., an Exchange Licensed Warehouse for the storage of copper deliverable against the Exchange’s Copper Futures contract, has submitted to the Exchange the following charges for the handling and storage of Copper at its facilities located in Tooele, Utah. These new rates will become effective on July 1, 2010 and are the maximum amount of fees that will be charged.
Utah Commodity Storage, Inc. Implements New Storage Rates
Utah Commodity Storage, Inc., an Exchange Licensed Warehouse for the storage of Copper, has notified the Exchange of its new rate schedule for the storage and handling of Copper.
RATES AND CHARGES FOR COPPER
Utah CommodityStorage, Inc. Effective: July 1, 2010
Monthly Storage Charge per Ton: $9.65
Handling Inbound per Ton: $0.00
Handling Outbound per Ton: $30.00
Bills of Lading: $0.00
Minimum Storage Charge per Month
for Less than One Lot: $100.00
Insurance Premiums: $0.00
Blocking/Bracing Flatbeds/Vans/Cars/per
Short Ton: $0.00
Restocking Fees for Changed or Cancelled
Shipping Orders per Short Ton plus Materials: $5.00
In accordance with Exchange rules, the new rate schedule will become effective on July 1, 2010.
Please refer questions on this subject to:
Market Regulation:
Melissa Hubley melissa.hubley@cmegroup.com 312.435.3595
Energy & Metals Research:
Joann Arena joann.arena@cmegroup.com 212.299.2356