The US methacrylic acid prices entered June 2026 with a firm undertone following the gains recorded during May, as healthy coatings demand and elevated feedstock costs continued supporting market fundamentals. While May established the current pricing environment, attention has shifted toward June, where seasonal consumption from architectural coatings, specialty resins, and UV-curable applications is expected to sustain procurement activity. Methacrylic acid availability remains relatively tight due to limited spot supply and muted import participation, while stable operating rates at Gulf Coast facilities have largely been directed toward contractual obligations. Feedstock costs continue to provide support, although buyers have adopted a more cautious procurement strategy after the recent price increase. Inventory levels remain manageable across the supply chain, preserving a balanced-to-firm market environment. Looking ahead, methacrylic acid prices are expected to remain supported during June by seasonal demand and firm upstream economics, although cautious purchasing behavior could limit the pace of further 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.
