In Copper industry you purchase the commodity at a price and fix the market price of Copper as per the LME. What is the name given to the invoice?

Question

The Invoice given by the Copper mine or supplier for you to open LC will be called by this name. This is a temporary pricing to effect the transactions. What is the specific name of the Invoice in this case?

Sohail Ahmed Shaik · Answer

Profoma Invoice is used confirm the LME and to process the LC. whereas, commercial Invoice is used for final settlement of the order.

Nageswaraiah Mannem Mannem · Answer

MATERIALS PROCURED THROUGH "SPOT BUYING FROM "LME" IS NORMALLY DONE BY PROFORMA INVOICE BUT "LC" IS A MUST.

LUZVIMINDA MUSA · Answer

Proforma Invoice or Charge Invoice

Dannika Mananquil · Answer

This temporary invoice is called proforma invoice.

Faiza GAFAF · Answer

Proforma invoice or Quotation (Fopr the LC is must have a tittle of Proforma invoice) and for offer it may be called Quotation

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In Copper industry you purchase the commodity at a price and fix the market price of Copper as per the LME. What is the name given to the invoice?

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