China’s Aluminium Ingot Prices Hold Steady Amid Rising Raw Material Supply and Global Headwinds
China’s Aluminium Ingot Prices Hold Steady Amid Rising Raw Material Supply and Global Headwinds

China’s Aluminium Ingot Prices Hold Steady Amid Rising Raw Material Supply and Global Headwinds

  • 28-Apr-2025 8:15 PM
  • Journalist: Xiang Hong

Aluminium ingot trading activity remained muted throughout the last week, characterized by a scarcity of new orders. The continuous drop in raw material prices further weakened cost support. Downstream aluminium ingot enterprises maintained a cautious, just-in-time procurement strategy, reflecting a lack of substantial demand growth.

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.

Related News

China Aluminium Ingot Prices Hold Steady Amid Rising Raw Material Supply
  • 28-Apr-2025 8:15 PM
  • Journalist: Xiang Hong
Wixom Auto Supplier Tribar Technologies to Close Plant Resulting in 188 Layoffs
  • 17-Apr-2025 9:15 PM
  • Journalist: Bob Duffler
Weak Demand and US Tariffs Push Japan Aluminium Ingot Prices Lower China
  • 03-Apr-2025 8:00 PM
  • Journalist: Jung Hoon
China and Japan Lead Asias Aluminium Ingot Rally as US Market Braces
  • 19-Mar-2025 9:30 PM
  • Journalist: Peter Schmidt

We use cookies to deliver the best possible experience on our website. To learn more, visit our Privacy Policy. By continuing to use this site or by closing this box, you consent to our use of cookies. More info.