The USA Sodium Nitrate market strengthened throughout June as firm agrochemical demand and tightening supply conditions supported higher prices. Sodium Nitrate consumption remained robust from the agriculture sector, particularly for pesticide formulations and agrochemical blending ahead of the summer spraying season, while water treatment, specialty chemicals, and industrial applications provided steady additional demand. On the supply side, lower feedstock availability from Chile, higher import costs due to tariffs, and persistent logistics disruptions, including port congestion and limited railcar availability, constrained prompt supply and reinforced the upward price trend. Weekly assessments indicated that the prices increased steadily during the month before accelerating sharply toward the end of June as supply tightness intensified. Looking ahead, the Sodium Nitrate market is expected to remain firm in the near term, supported by ongoing logistics challenges and elevated landed costs, although seasonal inventory adjustments may moderate procurement activity and help balance overall market conditions.
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.
