• New Storage Rates – Utah Commodity Storage, Inc.

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5453
      • Notice Date
      • 01 November 2010
      • Effective Date
      • 01 February 2011
    • Effective February 1, 2011, Utah Commodity Storage, Inc., an Exchange Licensed Warehouse for the storage of copper deliverable against the Exchange’s Copper Futures contract, will implement new rates in connection with the handling and storage of Copper at its facilities located in Tooele, Utah.  These new rates reflect the maximum amount of fees that can be charged. In accordance with Exchange rules, the new rate schedule will become effective on February 1, 2011.

       

      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 Commodity Storage, Inc.

      New Rates, Effective February 1, 2011

      Monthly Storage Charge per Ton:

      $9.65

      Handling Inbound per Ton:

      $0.00

      Handling Outbound per Ton:

      $30.00

      Loading of Railcars (in addition to Outbound Handling) per Ton

      $3.00

      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

       

      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