US Acrylonitrile prices remained largely stable through June 2026 as the market absorbed the strong rebound recorded in May and supply conditions stayed balanced. Earlier optimism, driven by higher upstream propylene costs and tighter merchant availability, gradually gave way to a more stable trading environment as Gulf Coast producers maintained normal operating rates and logistics remained uninterrupted. Demand across major downstream sectors was mixed, with nylon 6,6 intermediates providing steady support through consistent automotive and electronics production, while ABS resins, acrylic fibers, nitrile rubber, and nitrile glove manufacturers maintained only moderate procurement. Comfortable domestic production capacity and stable feedstock costs ensured adequate inventories, preventing any significant supply tightness. Looking ahead, the Acrylonitrile market is expected to witness modest price fluctuations in the near term. Seasonal restocking during July may provide temporary support, although the pace of recovery will depend on downstream demand, propylene price movements, export opportunities, and broader supply chain developments.
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.
