• New Storage Rates - Port Panama City U.S.A.

      • To
      • Members, Member Firms and Market Users
      • From
      • Market Regulation Department
      • #
      • SER-5495
      • Notice Date
      • 29 November 2010
      • Effective Date
      • 01 March 2011
    • Effective March 1, 2011, Port Panama City, Inc., a Commodity Exchange, Inc. (“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 facility located in Panama City, Florida.  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 March 1, 2011.

       

      Port Panama City U.S.A. Implements New Storage Rates

      Port Panama City U.S.A., 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

      Port Panama City U.S.A.

      New Rates, Effective March 1, 2011

      Monthly Storage Charge per Ton:

      $5.75

      Handling Inbound per Ton:

      $0.00

      Handling Outbound per Ton (Truck):

      $27.00

      Handling Outbound per Ton (Rail):

      $27.00

      Bills of Lading:

      $5.00

      Weighing:

      $1.00

      Blocking/Bracing (Truck):

      $2.00

      Blocking/Bracing (Rail):

      $2.50

       

      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