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Bullboard - Stock Discussion Forum Methanex Corp T.MX

Alternate Symbol(s):  MEOH

Chemicals Basic Materials
Methanex Corporation is a Canada-based producer and supplier of methanol to international markets. The Company supplies methanol to international markets in North America, Asia Pacific, Europe, and South America. Its operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the... see more

TSX:MX - Post Discussion

Methanex Corp > anybody know this company and methanol industry
View:
Post by bendmeover on Nov 11, 2020 10:39am

anybody know this company and methanol industry

i just cant belive how this stock just keeps going up , what i am missing .... did pick up 1000 shares around 21 ....just thinking i should sell soon , at least half anyway
Comment by MoneyK on Nov 11, 2020 12:35pm
Average methanol price is $350.  Prices are currently below $350, but slowly increasing.  At $350, this stock could go to $70-$80 with current production.  Anything above $350 could bring it back to $100+. IMO. MoneyK
Comment by jcjohn36 on Nov 11, 2020 9:01pm
Thanks MoneyK. Certainly saw a nice jump on vaccine news. Hoping we see a pullback - debating to just buy a Materials ETF instead? cheers, JC
Methanex Corp