Methanex Q2 2026 earnings jump as methanol prices surge, company says

Reuters2026/07/28 21:36

By:Reuters

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For Q2 2026, Methanex posted net income attributable to shareholders of USD 198 million; Adjusted EBITDA reached USD 577 million on higher methanol pricing.
Average realized methanol price rose to USD 529 per tonne from USD 351 in Q1; the supply shock tied to the Middle East conflict lifted industry pricing.
Production totaled 2,213,000 tonnes; record North American output, including 1,027,000 tonnes at Geismar, offset weaker volumes in Chile, New Zealand, Trinidad.
Results absorbed a USD 115 million non-cash impairment charge, net of tax, tied to idling the Titan plant; restructuring accrual of USD 12 million reduced Adjusted EBITDA.
Management flagged a softer near-term setup, projecting a July–August realized price range of about USD 460 to USD 485 per tonne, implying lower Q3 Adjusted EBITDA.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Methanex Corporation published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Methanex Q2 2026 earnings jump as methanol prices surge, company says

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