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* Animal feed makers seen using more wheat for chickens, pigs * China, Vietnam, S. Korea among importers seen buying more wheat * Black Sea wheat quoted at $290/T C&F, corn at $305-$310/T SINGAPORE, April 27 (Reuters) - Asian feed manufacturers are switching to wheat in animal rations as multi-year high corn prices constrict demand for the yellow grain widely used to fatten hogs and chickens. Some of the world’s top corn buyers such as China, South Korea and Vietnam are buying more wheat from Australia and the Black Sea region in the months ahead as the landed cost of corn has climbed to a ...

By Reuters Staff 2 Min Read LONDON, April 26 (Reuters) - Trafigura said on Monday that it had sold the first cargo of naphtha, a refined oil product used in plastics, for which the carbon emissions -- from production to delivery -- were offset. The move reflects a growing trend among oil and gas firms to market their products as cleaner and to secure a future for the fossil fuel industry amid an accelerating energy transition. Trafigura said in a statement it had sold the cargo, which was shipped last week from Corpus Christi, Texas and is due to arrive in the Brazilian Port of Aratuo, to Bra...

By Reuters Staff 2 Min Read SINGAPORE, April 23 (Reuters) - Naphtha shipments from west to Asia are expected to rebound to more than 2 million tonnes in May after dipping below average levels this month, trade sources said on Friday. Naphtha prices in Asia were subdued due to the anticipated increase in supplies and lower demand in the second quarter due to cracker maintenance. “May arbitrage is relatively bigger and there is some cracker maintenance,” one of the sources said, adding that refineries in Asia have also increased their naphtha output as their margins for the petrochemical ra...

By Reuters Staff (Ads background) LONDON, April 21 (Reuters) - Maersk Oil Trading (MOT), part of Denmark shipping group Maersk, has appointed Urszula Uszko as global head of renewable fuels in Copenhagen, the company said on Wednesday. A spokeswoman for Maersk said Uszko, who was previously at BP, will start Aug. 1. MOT is the bunkering and oil trading arm of the group and is key to its decarbonisation goals. Maersk, with a fleet of over 700 ships, aims to be carbon neutral by 2050. The firm plans to have its first carbon neutral vessel, running on methanol, operational by 2023. Reporting by ...

2 Min Read April 12 (Reuters) - China’s copper imports this year will match or even better the unprecedented levels seen in 2020 on the back of economic growth and a post-coronavirus rebound in manufacturing, an executive from state-run metals group Chinalco said on Monday. Ma Huizhi, a vice president of Chinalco unit China Copper, said 2020 imports by top metals consumer China were 11.9 million tonnes on a copper content basis, taking into account inbound shipments of copper concentrate, blister, cathodes and scrap. “It is expected that China’s copper demand and imports in 2021 will ma...