Polybutylene Terephthalate (PBT) IM grade FOB New York traded in a narrow price range through June, with a small weekly retreat of 0.28% in the week to 5 July 2026. The month delivered a modest month-on-month gain of 0.89%, signaling a steady market environment. Early June activity was calm, mid-month demand balanced, and by month-end sentiment tilted toward a gradual bullish bias as reflected in a rising medium-term trend from ChemAnalyst. PBT demand remained steady across core end-use segments, with automotive and electrical/appliance applications maintaining solid interest, while consumer electronics and textiles stayed at stable levels, supporting production needs. There was little indication of speculative or inventory-driven buying lifting prices. The PBT supply side was stable: production ran normally, with no material disruptions; input costs stayed largely unchanged, and feedstock and energy costs showed minimal movement. No notable outages kept availability ample, reinforcing a subdued pricing backdrop. The outlook points to continued stability, aided by a 12-week trend but with risks from upstream dynamics.
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.
