China’s DMF market is expected to rebound modestly in June 2026, with ChemAnalyst projecting a 5% increase as potential war related shipping congestion raises freight costs, supporting FOB floor levels. Dimethylamine feedstock prices remain firm, which may limit sellers’ ability to continue discounting. While polyurethane, leather, and electronics demand remain weak due to monsoon season slowdowns and environmental enforcement, producers are unlikely to widen discounts further after aggressive late May liquidation. May ended with a steep correction with an 11% WoW decline. Elevated operating rates, restarts at major plants, and muted PU demand created oversupply, while mixed feedstock trends encouraged sellers to clear inventories. With inventories high but restocking expected to improve, June is likely to show firmer pricing unless downstream weakness deepens or feedstock costs soften further.
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.
