The US monochloroacetic acid (MCAA) prices entered mid-June 2026 with a softer tone as comfortable inventories, easing feedstock costs, and cautious downstream procurement weighed on pricing sentiment. While May was characterized by largely stable market conditions, attention shifted toward June as buyers increasingly relied on existing inventories and limited fresh purchases. Monochloroacetic acid demand from agrochemicals, cellulose derivatives, personal care products, pharmaceutical intermediates, and oilfield chemicals remained steady but lacked the strength necessary to absorb available supply aggressively. Lower glacial acetic acid costs reduced production expenses, while continued export availability from Asian suppliers maintained comfortable supply conditions across the US market. Although rising freight and insurance costs provided some support to delivered pricing, they were insufficient to offset broader bearish influences. Looking ahead, monochloroacetic acid prices are expected to remain under modest pressure through the summer months, with recovery prospects dependent on feedstock developments, freight costs, and seasonal demand improvements.
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.
