• New Storage Rates – Utah Commodity Storage, Inc.

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5193
      • Notice Date
      • 01 April 2010
      • Effective Date
      • 01 July 2010
    • 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