In China BOPP film FOB Shanghai were stable in the first week of early November 2025, supported by balanced trade and high domestic inventories. In the second week, prices fell by 2.50%, continuing a prolonged 12-week bearish decline showing further weakened demand for BOPP film with ample supply. Feedstock polypropylene prices also fell by 0.77%. Port dynamics were mixed, with Dalian operating as normal and the port of Shanghai congested (1.94-day later for vessels). EU PPWR compliance affected BOPP film export and moderate growth in recycled polyolefins for food-contact applications, with respect to the current overcapacity in the market affected the virgin resin demand.
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.
