Methanex Corp T.MX

Alternate Symbol(s): MEOH

Chemicals Chemicals

Methanex Corporation is a producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company’s 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 United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its Trinidad production site supplies methanol to all methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. It also has interest in two methanol facilities in Beaumont, Texas, one of which also produces ammonia and methanol facility in Delfzijl, Netherlands.

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Methanex Corp

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Comment by borne2runon Jan 23, 2020 8:17pm

487 Views

Post# 30591651

RE:RE:BNN Market Call

Investor1234, it appears the BNN analyst is a trader or momentum fund manager.
Methanex declined from over $100 in Q4 2018 into the low 40s last summer. All those who bought shares between $60 and $100 and are still holding will be looking to break even. Thus there will be plenty of sellers to slow or impede any up trend.

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