Metal Trader, Copper Cathodes

Who We Are

Petro China Company Ltd is a state‑owned business and the publicly listed arm of the China National Petroleum Corporation “CNPC”, one of the world’s largest global commodity trading companies. Petro China International, a subsidiary of Petro China Company Ltd, serves as the international trading arm and was founded in 2002 based in Beijing and has set up multiple subsidiaries and offices in 20+ countries, including three major Oil and Gas Trading and Operation Hubs in Houston (covering the Americas), London (Europe, Middle East and Africa) and Singapore (Asia).

Petrochemicals

London, UK

Petro China International is actively exploring international markets, developing value added trades, extending the value chain, innovating in trade models, and continuously enhancing trade methods. The Company’s trading activities are now covering more than 100 kinds of products and through merger, acquisition, investment and equity participation, several business centres have been formed and integrated with storage facilities, refining capabilities, oil tanks and terminals as well as transportation capabilities in global main energy producing areas.

All these investments provide strong support for the steady development of the Company’s international businesses.

As part of our continued expansion into the trading market for metals critical to the green energy transition, we are expanding our dedicated Copper trading capability. Petro China International London (PCIL) is now seeking to appoint a commercially minded and tenacious individual to be our Trader, Copper Cathodes (dependent upon experience and scope). This role is ideal for a base metal – copper professional looking to develop further their prior trading experience gained within a commodities trading organisation (including Mining, Financial Institutions, Hedge Funds, NOC).

Based in our London, Charing Cross office, you will report directly to the Trading Manager, Copper with a dotted line into the GM of Petrochemicals, and will collaboratively support the day‑to‑day management of the global copper trading book, with increasing responsibility over time trading refined copper, concentrates, scraps, blisters, anodes, cathodes autonomously. You will naturally be involved across exposure management, hedging, market analysis, trade execution and systems integrity, while progressively developing your commercial and trading skillset, given the role will have a strong emphasis on physical trading, supported by derivatives to grow a profitable portfolio with long‑term scale potential.

The role requires previous experience in both the physical and derivatives markets, working closely a range of internal and external stakeholders including counter parties. You will have significant exposure and working capability overseeing negotiations processes, i.e., preparation, identification and evaluation of potential sources of new business by leveraging Petro China’s global footprint/platform for maximum synergistic opportunities. The successful candidate will need to be a self‑starter, and solution‑focused in approach, and be able to communicate effectively.

So, if you’re open to a new challenge, in a fast‑paced environment, which brings extremely high rewards, we would like to hear from you.

• Support the Trading Manager with daily management of the global copper trading book, including positions, exposures and P&L.
• Produce accurate daily exposure and position reports using internal risk and trading systems.
• Assist with hedging activities and corresponding profit and loss analysis.
• Capture new trades, update positions and ensure system accuracy and data integrity.
• Analyse historical trades, market trends and price movements to support trading decisions.
• Help identify arbitrage opportunities and propose derivative strategies under supervision.
• Liaise with internal teams including Risk, Operations, Treasury, Settlement, Legal and KYC to ensure smooth trade execution.
• Maintain and update cost accruals and support deal reconciliation.
• Collect, interpret and distribute market information…