The Melatonin market has displayed contrasting regional trends in the first half of July 2025. While Asia-Pacific experienced a decline led by oversupply and weak procurement activity, North America maintained pricing stability due to controlled production and steady inventory consumption. China’s uninterrupted output and low global demand pressured its export market, prompting India to follow with sharper price adjustments to retain competitiveness. In contrast, the U.S. market demonstrated strategic supply alignment with downstream pharmaceutical and nutraceutical demand, avoiding disruptions and sustaining a balanced market environment.
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.
