The market value of Agar-Agar in Asian market has observed a pronounced upward shift in early December 2025. The increase in the prices of Agar-Agar was driven by an increase in the downstream demand after the subtle weeks of late October and early November. The food and beverage manufacturers have intensified their procurement as the region will observe festive period. The procurers have aligned their production schedules with the anticipated rise in seasonal offtake. The shift in sentiment has triggered a renewed urgency among the buyers to secure timely deliveries and maintain an uninterrupted production cycle for confectionery, dairy applications and specialty food products. The strategic increase in Agar-Agar prices were recorded across the Asian market as suppliers have leveraged the strengthening of seasonal pull and the limited carryover stocks from the previous production cycle. The market stakeholders can stay updated with the market forecasts and leverage the structured analysis to the evolving conditions in the Agar-Agar market.
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.
