The prices of magnesium powder have observed a modest and notable increase across major markets of the globe in October 2025. The buyers and suppliers of magnesium powder have adjusted their inventories ahead of the final quarter. The downstream procurers from the food and feed manufacturing sectors have begun to reassess their stock levels. The procurement teams have increased the procurement after a soft spell in September to ensure sufficient coverage for winter and year-end production cycles. The seasonal inventory management with steady export commitments and routine logistical caution as colder months approach have pushed the magnesium powder buyers to build larger buffers. The suppliers of magnesium powder have capitalized on the revival in demand with measured and strategic price increases which preserved the volume movement while improving the profit margins. The result was an upward drift in prices across Asian, North American and South American markets. The increase was marginal in percentage that has reflected a balance between short-term supply availability and recovering consumption from the key end-use sectors.
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.
