The US polyvinyl alcohol prices weakened during late June 2026 as subdued trading activity, comfortable supply, and thinning spot liquidity weighed on pricing. Buyers maintained cautious procurement strategies, limiting fresh purchases while awaiting clearer market direction heading into July. Demand remained broadly stable across key downstream applications, but purchasing volumes were insufficient to prevent a weekly decline in prices. Production rates remained steady, with no major plant disruptions or feedstock cost shocks reported, allowing supply conditions to remain balanced. Although some Gulf Coast spot offers remained comparatively firm, delivered market prices softened as sellers became more competitive in response to weaker trading activity. The broader market continues to retain a positive long-term trend, but near-term sentiment remains cautious. Looking ahead, polyvinyl alcohol prices will largely depend on the return of downstream buying interest, while feedstock movements and supply conditions will continue influencing market direction through early July.
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.
