The prices of Castor oil have stabilized in October 2025 as the market entered the final quarter of the year after a pronounced in Q3. The price trend was dictated by the Indian suppliers whose strategic pricing and responses to domestic raw-material movements have affected the import hubs across Asian and European region. The seasonal factors, inventory management by buyers and new production cycles have contributed to the subdued buying interest. The downstream sectors such as pharmaceuticals, lubricants, cosmetics and chemicals have shifted their purchases toward operational needs rather than speculative needs. The Castor oil producers were able to maintain production efficiencies as values of castor seed in India have eased during September and suppliers shared part of that relief with the buyers. The result was a marginal global decline in refined castor oil prices. ChemAnalyst expects that the prices will likely follow a modest declining trajectory in the forthcoming period. Using ChemAnalyst market insights, the market stakeholders can track global shipment schedules, freight rates and policy developments which could alter the landed costs and their profit margins.
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.
