The US vinyl acetate monomer (VAM) market weakened during late June 2026 as abundant spot supply and subdued downstream demand continued weighing on prices. Buyers from the adhesives, emulsion resins, and coatings sectors limited procurement to immediate production needs, while producers maintained healthy operating rates, ensuring comfortable domestic availability. Stable acetic acid feedstock costs prevented significant cost-side pressure, leaving suppliers increasingly reliant on price concessions to move inventory. The combination of ample supply, cautious purchasing, and persistent oversupply drove a sharp decline in spot values during the closing weeks of June. Looking ahead, vinyl acetate monomer prices are expected to remain stable to slightly softer as restrained buying and elevated inventories continue limiting upside, although stronger downstream demand or production adjustments could improve 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.
