China’s aluminium wire market recorded strong gains through March as firm downstream demand and logistics disruptions tightened availability. Early month conductor call offs and wiring loom orders supported domestic offtake, while mid month geopolitical tensions in the Middle East extended transit times and triggered opportunistic restocking. Power grid construction, automotive production and export oriented infrastructure projects remained the strongest demand pillars, with State Grid’s UHV schedule sustaining steady pull. Overseas markets in Africa, the Middle East and Oceania also expanded purchases, reinforcing China’s export momentum. Upstream pressures including higher bauxite costs, rising conversion expenses and increased scrap based competition added to the cost base, while operating rates for aluminium wire and cable continued to climb. Looking ahead, analysts expect further upside into April, supported by freight risks, Southeast Asian restocking and seasonal grid construction demand, keeping sentiment firm across the aluminium wire market.
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.
