The Indian sodium bromide prices entered May 2026 with strong upward momentum as buyers continued securing volumes amid elevated feedstock and logistics costs. While April established the foundation for the rally, market attention has shifted toward May, where pre-monsoon procurement, water-treatment demand, and offshore oilfield activity are expected to sustain firm pricing. Rising bromine costs and higher freight expenses have tightened supply economics and reduced sellers’ willingness to offer discounts. Lean inventories across major trading hubs have carried into May, reinforcing the bullish market tone and limiting immediate supply flexibility. Demand from water treatment, oilfield services, and pharmaceutical applications remains supportive, while photographic chemicals continue to represent a relatively small share of consumption. Market participants anticipate further strength during May as freight costs remain elevated, pre-monsoon buying persists, and downstream sectors continue drawing material, although a gradual moderation in momentum may emerge later in the summer.
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.
