DATE: November 8, 2022
MKR#: 11-08-22
SUBJECT: Regularity Approval for Aluminum, Lead, and Zinc
The Commodity Exchange, Inc. (“COMEX” or “Exchange”) has received and approved the application of Grafton Warehouse Services (UK) Limited for regularity for the storage of aluminum, lead, and zinc deliverable against the respective COMEX Aluminum, Lead, and Zinc futures contracts at their location in Port Klang, Malaysia.
The approved cumulative indoor and outdoor capacity for aluminum at this location is 20,000 metric tons. The approved indoor capacity for lead and zinc at this location is 10,000 metric tons.
The primary conveyance designated by the Exchange for aluminum, lead, and zinc shall be truck. Primary conveyance shall be subject to the minimum guaranteed daily load out rate as prescribed in COMEX Chapter 7, Rule 703.B.3.b., contingent on any pending conveyance orders submitted prior to the primary conveyance order.
At all times, the regular facility shall be required to meet a cumulative minimum guaranteed daily load out rate as prescribed in COMEX Chapter 7, Rule 703.B.3.b. for all pending load out orders, on a first come first served basis.
The rates that have been approved by the Exchange to be published on behalf of Grafton Warehouse Services (UK) Limited for aluminum, lead, and zinc are as follows:
Monthly storage charge per metric ton |
$17.50 |
Minimum storage charge per month for less than one lot (partial lots) |
$115.00 |
Storage – outdoor per metric ton per month or part thereof (*COMEX Aluminum Only*) |
$17.50 |
Inbound handling per metric ton (truck & rail) |
$7.50 |
Outbound handling per metric ton |
$50.00 |
Outbound handling per metric ton |
N/A |
Outbound handling to container per metric ton |
Upon Request |
Outbound handling to flatbed per metric ton |
$50.00 |
Weighing charges per metric ton |
$8.00 |
Facility receipt (issue & replacement) |
$3.00 per mt (issue) $10.00 per mt (rewarrant) |
Bill of lading |
$25.00 |
Blocking and bracing per metric ton (truck) |
$3.00 |
Blocking and bracing per metric ton (rail) |
N/A |
Blocking and bracing per metric ton (container) |
Upon Request |
Additional labor per man hour |
Upon Request |
Restocking fee per metric ton for cancelled/changed orders |
$10.00 |
Cancellation charge per shipment cancelled |
$25.00 |
The Commodity Futures Trading Commission (CFTC) will be notified of this approval during the week of November 14, 2022 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.
Please refer questions on this subject to:
Market Surveillance:
Terry Gehring Terry.Gehring@cmegroup.com (312) 435-3644