US Benzoic Acid import prices rose in April 2026 as export nations’ prices strengthened, with tighter export availability transmitted higher costs into the US market. Seasonal demand from food preservation and pharmaceutical sectors in China supported firm sentiment, while US pre-summer stocking and constrained logistics conditions reinforced the upward price movement for Benzoic Acid, with freight reporting ongoing freight volatility on Asia–US routes. May 2026 is expected to show continued but moderate gains as FOB Shanghai edges higher, though improving vessel availability and easing port congestion, as noted by freight reports, limit aggressive upward freight-driven inflation pressures in the market. June 2026 is projected to bring mild price stabilization as Chinese Benzoic Acid production normalizes, inventories rebuild, and FOB Shanghai softens slightly, while global freight rates continue to stabilize under improved shipping capacity conditions in global trade. Overall, the US import market is expected to transition from a firm short-term pricing phase to a more balanced outlook by mid-2026, with Benzoic Acid demand stability in food and pharma sectors offset by easing freight and supply pressures.
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.
