The DAP Market in the United States ended positively for the last week of December 2025; however, overall sentiment continues to be cautious due to lower-than-expected demand experienced in the fall. As a consequence of high prices and difficulties related to international trade, growers significantly reduced their use of DAP earlier this year, creating the potential for large inventories and a delay of consumption until next year. On the other hand, although some international suppliers have planned their shipments for the winter season because of the removal of import duties into the United States, market participants have mixed views about how strong an increase in spring usage will occur. Although corn plantings continue to be supported, concerns over affordability and high production costs are projected to continue to impact purchasing decisions. Additionally, tighter global supply resulting from reduced production volumes and export restrictions may limit availability and thus affect the dynamics of the market through the remainder of the spring 2026 application 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.
