In November 2025, the potassium chloride market in the U.S., characterized by a declining price trend, a plentiful supply and slow demand. Pricing has declined, additionally due to the impending arrival of a container from Russia in November. Despite slight seasonal improvements in terminal shipments across the Corn Belt, demand for potassium chloride today is significantly below historical averages; many customers have large inventories on hand. The government shutdown has added to uncertainty regarding the purchasing process. The cost of fertilizer on a worldwide scale continues to increase slightly from the August 2022 low, therefore potassium chloride is remaining one of the most affordable forms of nutrition for growers. Globally, potash prices have declined very little from their high in August; currently, there are enough inventories on hand in each of the major importing markets to satisfy most of their requirements until year-end. Nutrien's strong third quarter financials and plans for a new export terminal in the U.S. indicate their continued belief in the demand for potassium chloride even with the current low prices in the U.S.
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.
