The US potassium chloride market entered June 2026 with a relatively firm but more balanced outlook following the gains recorded during May. While spring fertilizer applications across the Corn Belt supported strong demand through May, market attention has shifted toward June as seasonal purchasing begins to normalize and inventories gradually rebuild. Agricultural consumption remains the dominant driver of potassium chloride demand, supported by elevated corn acreage and ongoing nutrient requirements. Supply conditions remain comfortable, backed by steady Canadian production and healthy Saskatchewan mining operations, while logistics constraints continue to influence regional availability. Market participants are increasingly evaluating inventory levels and replacement requirements as active spring applications begin to ease. Although demand remains fundamentally supportive, improving product availability and easing supply-chain pressures could limit further upside. Looking ahead, potassium chloride prices are expected to experience a modest correction during June, though strong agricultural fundamentals should prevent any significant deterioration in market sentiment.
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.
