In the first half of June 2025, Acetic Acid prices in China declined, driven by weak international demand鈥攑articularly from South Asia鈥攁nd cautious global buying behavior. Despite stable domestic fundamentals and planned maintenance at major plants supporting inland sentiment, muted export interest and stagnant freight dynamics weighed on FOB pricing. Unless Indian and Southeast Asian buyers re-enter the market more actively, Chinese export offers are expected to face continued downward pressure.
As of first half of June 2025, Acetic Acid prices in China declined, reflecting pressure from international demand, especially from South Asia. Despite stable domestic fundamentals, thin export interest鈥攑articularly from India, where CFR discussions slipped鈥攌ept Chinese FOB prices in check. Domestic ex-tank prices had shown...
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ庐, a textile-to-textile recycler based in Virginia. The chip production took place through a series of batches at Selenis' pilot plant in San-Giorgio, Italy. By utilizing inputs recovered from polycotton textile waste, Selenis has created high-quality PET chip, which has been further processed into DTY yarn. This yarn will play a crucial role in product development as Circ prepares for additional capsule launches. Selenis is leveraging the success of this initial collaboration phase and is committed to advancing towards an offtake partnership to support Circ's inaugural industrial facility.
Eduardo Santos, Head of Corporate Strategy at Selenis, remarked that the monomer synthesis showed a performance comparable to virgin terephthalic acid. He expressed optimism about the consistent quality of Circ's monomer output and anticipated future commercial success. Santos pointed out that the Circ partnership complements Selenis's existing mission and goals for a more sustainable textile industry. He further stated their anticipation of expanding upon this collaboration and providing support for Circ's forthcoming commercial production trials.
