Oct. 7 (Bloomberg) -- NYSE Liffe, the derivatives arm of NYSE Euronext, will delay the publication of warehouse rents and movement out fees for cocoa and robusta coffee as it seeks “further information” on the proposed charges.
The bourse was set to publish last month maximum rent and loading out charges for the period from January to June, it said on an info-flash published on its website and dated Oct. 4. NYSE Liffe has received proposed charges from warehouses that store robusta coffee and cocoa that can be delivered into its futures contract and “is seeking to understand better a limited number of those submissions,” it said.
“The exchange will publish the rates for the new charge period at the earliest opportunity once it has had the opportunity to review the additional information provided to it by the relevant nominated warehouse keepers,” NYSE Liffe said.
The exchange will extend rules implemented to accelerate warehouse deliveries of robusta coffee to its cocoa contract starting in December, it said last month. Warehouses storing as much as 30,000 metric tons of cocoa will have to deliver at least 250 tons per working day. Those holding more will have to deliver 500 tons a day.
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