Indian colloidal silicon dioxide markets firmed through March on firm importer positioning and steady downstream consumption, underpinning seller confidence. Early-month stabilization gave way to firmer offers mid-month, with sentiment driven by psychology rather than acute shortages. Import-dependent procurement remained active and regional logistics costs added urgency to buying decisions. The market shifted to a cautiously bullish tone as participants anticipated prompt buying and limited near-term relief in freight and energy costs. Importers accounted for around forty percent of Indian consumption, supporting elevated seller offers. Routine downstream demand remained steady, enabling sellers to uphold price ideas even without a spike. March ended firmer on CFR levels, with momentum into early April. Upstream feedstock availability and energy costs produced a mixed picture, with comfortable silicate production sustaining volumes while higher logistics costs supported pricing. Near-term demand is expected to stay range-bound to firmer, driven by importer bids and resilient domestic feedstock supply.
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.
