Lower prices eat away at Methanex’s Q1 earnings

Total sales improved 2% tonnes between January and March

A persistent downward spiral in sales prices gnawed away at the revenues and earnings recorded by the Canadian methanol manufacturer Methanex Corp., based in Vancouver, British Columbia, in the first quarter of 2020, as well. Average methanol prices tumbled by 19% compared with the same stretch last year to US$267 per ...

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