Metformin HCL prices in the Chinese market are back on track in the first half of October 2025 after a slip in September. That September dip was caused by a bit of a surge in domestic production capacity, some exporters getting a bit of a reprieve due to that U.S–China tariff truce getting extended and decline in raw materials prices. Although demand from the pharmaceutical and healthcare sectors kept the market stable, the price of Metformin HCL did take a bit of a tumble for a while. As October rolled around though, importers were back in the market restocking and stable production cycles meeting the steady demand that's coming from downstream. Manufacturers got back up to full capacity post-holiday. Improved purchasing is coming in, there's still a good supply of the raw materials and there's interest from countries in Southeast Asia, the Middle East, and Latin America - all of which are increasing the demand. Analysts anticipated that prices are likely to keep climbing in the second half of October.
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.
