The global Vitamin B9 (Folic Acid) market maintained a steady and resilient pricing trend through June 2025 that was supported by strategic supply management and consistent downstream demand from pharmaceutical, nutraceutical and wellness sectors. The exporters in China and the USA controlled inventory releases, while buyers in Europe, India, and North America timed their procurement with production cycles and seasonal demand. The modest price increases were recorded, with Qingdao and Hamburg witnessing marginal gains, while sharper rises emerged in India due to intensified monsoon-season consumption. ChemAnalyst forecasts price stability in July 2025 that will be backed by steady demand for prenatal and immunity-supporting formulations.
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.
