US potassium chloride prices softened in July 2026 as the spring fertilizer application season moved further into the background and distributors became more selective with replenishment. The potassium chloride DEL Illinois assessment declined, as comfortable availability and slower replacement buying outweighed firm underlying agricultural consumption. Crop development remained healthy, with 59% of U.S. corn reaching silking and 13% reaching the dough stage by July 19, while soybean pod formation reached 32%, ahead of the five-year average. Supply remained reliable from Canadian producers, although global fertilizer logistics and geopolitical risks continued to provide a floor to pricing. U.S. rail activity remained relatively robust, with total rail traffic up 3.4% year on year in the week ending July 18. Looking ahead, August is expected to remain range-bound to slightly softer as application demand moderates, while renewed distributor restocking and autumn crop preparation could provide support later in the season.
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.
