Aluminium ingot markets in United States eased after a period of choppy gains, as onshore availability tightened and buying activity cooled in early February. The swing in Aluminium ingot price direction reflected mixed demand signals: persistent automotive and packaging orders supported offtake through January, while downstream manufacturers pursued intermittent destocking, keeping spot demand volatile. Traders faced limited warehouse inventory into month-end, amplifying downside risk when buying momentum waned. Supply dynamics remained constrained by tighter bauxite inflows and refinery shutdowns, with smelter feedstock broadly available through steady alumina flows, helping to cap steeper losses. Calcined petroleum coke costs edged higher, nudging input costs and contributing to upside pressure. High import dependence of Aluminium ingot and existing protective duties continued to elevate landed costs and limit import flexibility, according to industry analysis. Looking ahead, the market is expected to remain within a stable range but prone to occasional volatility driven by feedstock flows, refinery reliability, and import economics. Short-term moves may be driven by weekly buying patterns.
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.
