Cyclopentane Prices Skyrocket Nearly 19% in China as Hormuz Crisis Triggers Historic Weekly Surge

Cyclopentane Prices Skyrocket Nearly 19% in China as Hormuz Crisis Triggers Historic Weekly Surge

Marcel Proust 20-Mar-2026

Cyclopentane (95%) prices at FOB Shanghai recorded one of the sharpest single-week advances in China's cyclopentane market history during the week ending March 13, 2026, driven by a catastrophic convergence of feedstock cost inflation, supply chain disruption, and an extraordinary surge in global export demand. The primary catalyst was the Strait of Hormuz blockade following the escalation of the Middle East conflict, which drove Brent crude to multi-year highs and simultaneously inflated naphtha, benzene, and cyclohexane input costs at Chinese cyclopentane production facilities across Shandong, Jiangsu, and Zhejiang provinces. On the supply side, war-risk insurance surcharges, vessel unavailability, and port congestion at Shanghai terminals tightened available export allocation severely — compressing spot availability at the worst possible moment. Simultaneously, global buyers from India, Southeast Asia, and Europe — unable to source Middle Eastern cyclopentane due to the complete disruption of Gulf shipping routes — pivoted urgently and exclusively toward FOB Shanghai supply as the sole large-volume available origin, competing aggressively for limited export tonnage and sustaining the extraordinary weekly price advance through March 13.

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.
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