PetroChina to start metals trading, eyeing energy transition
In addition to lithium and copper, the new PetroChina unit may also look to trade nickel.
Bloomberg reports that copper fell to a one-week low.
The market news is quoted as saying:
Copper futures for July delivery declined 2.4 cents, or 0.6 percent, to $4.0845 a pound at 9:58 a.m. on the Comex in New York.