Biodiesel prices in Germany declined by 0.7% week-on-week in the last week of June 2025, reversing gains from the prior week amid high market volatility. The initial price drop was driven by geopolitical easing following the Israel-Iran ceasefire, which pulled down crude and gasoil prices, weakening blending economics. Although ARA barge premiums moved in mixed directions, tightening supply expectations and regulatory developments in Germany, France, and the Netherlands later supported demand for advanced biofuels like UCOME. Despite near-term supply overhang and cautious buying, prices are forecast to rebound in Q3 2025 as inventories decline and policy-driven demand strengthens ahead of GHG compliance deadlines.
The prices of Biodiesel witnessed a slight downturn in last week of June 2025 as the prices declined by 0.7% week-on-week. The market went through significant changes leading to change in the upward momentum seen in the previous week leading to a downward trend.
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.
