The US Malic acid market softened slightly toward the end of May 2026 as abundant import supply and weaker domestic buying interest pressured market sentiment. While trading conditions remained relatively balanced during the first half of the month, increased import arrivals from Asia and comfortable inventories at major US ports gradually shifted the market toward a softer trend. As supply remained readily available, sellers became more competitive in an effort to secure sales. Demand for Malic acid continued to be supported by the food and beverage sector, including beverage manufacturers, condiment producers, and food-processing companies that maintained routine procurement activity. However, broader industrial buyers and importers adopted a cautious purchasing approach later in the month, limiting spot market demand and reducing support for supplier offers. On the supply side, stable feedstock costs, uninterrupted import flows, and the absence of significant production or logistics disruptions ensured ample availability. Looking ahead, the Malic acid market is expected to remain broadly stable, supported by steady food-sector demand and comfortable inventory levels.
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.
