China’s Butyl Glycol price is expected to soften through June 2026, with ChemAnalyst projecting a 3% decline as supply stabilizes and seasonal monsoon conditions weaken demand. Improved container availability, easing port congestion, and normalized routing are reducing landed cost pressure after May’s freight driven rally. Downstream sectors—including coatings, construction, and UPR—remain in seasonal off peak mode, with buyers maintaining short cycle procurement and avoiding forward coverage. Stabilizing n butanol and soft ethylene oxide prices further limit cost push support. May, by contrast, saw a sharp 18.41% month on month increase, with EGBE CFR Qingdao rising to $1,486/MT amid tight supply, higher freight, and upstream cost inflation. The Intra Asia Container Index surged 9.8%, while n butanol and MEG firmed, tightening production economics. Despite muted downstream demand, sellers lifted offers due to constrained arbitrage and longer routing. With logistics normalizing and demand remaining weak, June is expected to bring a controlled correction unless freight spikes or upstream disruptions re emerge.
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.
