The US mixed xylene market recovered during early July 2026 after an extended decline throughout June, supported by short-term buying interest and tactical replenishment. Although downstream demand from coatings, solvents, paraxylene, and gasoline blending remained generally subdued, improved spot activity helped reverse recent bearish momentum. Domestic refiners continued operating at stable rates, ensuring comfortable product availability, while lower crude oil prices reduced production costs and limited stronger price gains. Ample inventories and smooth logistics kept supply conditions balanced despite the weekly recovery. The market shifted from June's weakness to a more stable trading environment, although underlying demand fundamentals remained soft. Looking ahead, mixed xylene prices are expected to remain broadly range-bound as comfortable supply and weaker downstream consumption continue offsetting periodic spot buying, with crude oil movements and refinery operations remaining the primary market drivers.
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.
