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