LPG prices in FD Hamburg Germany remained unchanged in the week ending 30 October 2025, concealing bullish repositioning due to seasonal demand. U.S. propane exports increased by 13.2% to 2.134 million bpd to replenish ARA hubs after summer, while butane prices rallied on winter gasoline blending and low ARA stocks (8% to 1.2 million MT). Despite Brent crude falling to USD 63/bbl, the freight prices increased from USD 830 to USD 845 per 40ft container, up 1.8% from New York to Rotterdam, maintaining landed cost pressure for LPG. Supply caution was also supported by due to refinery turnaround in the North Sea and a narrowing contango in forward curves for LPG. November prospects are positive with pre-Christmas stockpiling, increasing consumer confidence, and ongoing blending demand seen supporting upward momentum in LPG prices. Traders expect stronger tenders due to increasing industrial and heating demand in Q4.
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.
