In November 2025 Asian Polypropylene Filament Yarn (PPFY) market price witnessed a bearish trend. This was due to the insufficient cost support from feedstock and limited demand from downstream industry. It is also encouraging to know that the fluctuations in the raw material polypropylene (PP) have also contributed to shape this price trend for PPFY amid soft upstream crude oil prices. The PPFY supply remained abundant during the month, market participants noted higher availability of inventory levels, and local marketers were keen on destocking as the year drew to a close. While demand conditions were influenced by the seasonal factors, and the cautious procurement behavior during the year end period.
Selenis has effectively manufactured recycled PET chips using terephthalic acid sourced from Circ®, 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.
