The US fluorspar prices entered June 2026 with a firm undertone following the gains recorded during May, as downstream fluorochemical demand and constrained import availability continued supporting market fundamentals. While May was characterized by tightening supply conditions and rising prices, June market attention has shifted toward the sustainability of demand and the evolution of global supply-chain dynamics. Fluorspar consumption from hydrofluoric acid, refrigerants, specialty fluorochemicals, aluminum fluoride, and battery-material applications remains supportive, although some buyers have adopted a more cautious procurement approach after recent price increases. Supply availability continues to be influenced by Chinese export quotas, South African logistics disruptions, and elevated mining costs among Mexican producers. Inventories at key Gulf Coast locations remain relatively lean despite modest improvements in freight conditions. Looking ahead, fluorspar prices are expected to remain supported during June, although improving logistics and softer seasonal procurement could moderate the pace of additional gains.
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.
