China’s Acetic anhydride market strengthened significantly through March 2026, driven by war-induced supply disruptions, firm downstream demand, and rising production costs. Initial market stability in early February shifted as tightening availability and stronger export inquiries began to pressure supply. Escalating geopolitical tensions disrupted global logistics, increasing freight, insurance, and energy costs, which reduced import feasibility and constrained prompt cargo availability. Demand remained robust, led by the pharmaceutical sector, particularly for aspirin and paracetamol production, alongside seasonal agrochemical stocking. Export demand from South Asia further tightened domestic supply. China’s heavy reliance on domestic production amplified the impact of these constraints, intensifying market tightness. Upstream cost pressures from rising acetic acid values also contributed to the bullish trend, pushing producers to raise offers. Weekly price momentum accelerated toward late March due to overlapping demand and regulatory controls. In the near term, the market is expected to stay firm amid ongoing logistical challenges and sustained demand, with potential easing later.
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.
