Monochloroacetic Acid (MCA) prices in the United States weakened during June 2026 as ample supply and subdued downstream demand pushed the market into a clear bearish phase. Buyers across agrochemicals, pharmaceuticals, carboxymethyl cellulose, surfactants, and specialty chemicals increasingly adopted hand-to-mouth purchasing strategies, leading to inventory accumulation and heightened competition among suppliers. Stable feedstock costs and uninterrupted production removed any meaningful cost support, allowing producers to lower offers to stimulate sales. While delivered domestic assessments remained comparatively firm in some locations, import cargo values softened, reflecting differences between inland and seaborne markets. With inventories remaining comfortable and downstream consumption showing little sign of recovery, market participants expect pricing pressure to persist unless demand strengthens or supply conditions tighten.
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.
