Alpha Pinene in India prices advanced firmly through May 2026, supported by tightening supply and robust end-user buying. Early in the month, fragrance and pharmaceutical buyers actively secured cargoes to sustain production ahead of the monsoon. Mid-month, export availability tightened and port congestion increased, while late May sellers retained pricing power amid constrained spot volumes. Demand for Alpha Pinene from fragrance, flavor and aroma chemical manufacturers remained the core support, with pharmaceutical formulators and adhesive/tackifier producers also maintaining steady procurement. Upstream dynamics, including tighter pine-derived feedstock availability and higher freight costs, pushed cost structures higher and reinforced margins pressure for processors and importers. Export-side suppliers prioritized regional demand during mid-month, with port bottlenecks amplifying landed-cost volatility and supporting a firm CFR JNPT benchmark. Looking ahead, the outlook for Alpha Pinene is mixed but skewed to upside risk, with gains in early summer and corrections thereafter.
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.
