The USA Polyester Staple Fibre (PSF) market strengthened toward the end of June after a relatively subdued start to the month, supported by improving buying interest and measured restocking activity. Although the broader market continued to reflect the effects of a longer-term bearish trend, late-month demand from downstream industries helped lift market sentiment and supported firmer negotiations. On the supply side, PSF production remained stable, with no significant plant disruptions reported. Rising freight costs, tariff-related shipping activity, and logistics pressure associated with increased cargo movements tightened prompt availability and encouraged stronger replenishment by U.S. importers, providing additional support to PSF prices. Weekly assessments indicated a gradual improvement through the month before a sharp increase in the final week, reflecting renewed buyer confidence and supply chain constraints. Looking ahead, the PSF market is expected to remain cautiously firm, with further price direction depending on sustained downstream restocking, import demand, and evolving logistics conditions.
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.
