Vitamin E markets in the United States posted mixed dynamics, ending with a retreat but a firmer near-term tone into April. Early weakness gave way to momentum-driven buying from nutraceutical distributors in mid-month, while demand from supplements, functional foods, and infant formula lifted offers. Elevated energy benchmarks and regional transit disruptions added upward pressure on supplier quotations, while steady feedstock flows moderated gains. The tone improved as Q1 wellness buying and import-dependent buyers' inventory concerns supported a cautious, bullish stance for the near term. Demand remained strongest from dietary supplements and nutraceuticals, along with functional foods and infant formula producers, underpinning premiums for Vitamin E 50% CWS FOB Illinois. Domestic production covers a minority of demand, amplifying import dependence. On the supply side, higher crude and gas benchmarks increased production and logistics costs, reinforcing firmer offers, while steady inputs like soybean oil distillates capped upside. The outlook remains tilted toward further upside, though substitution risk and softer macro sentiment could temper rallies.
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.
