Methanex reports second quarter 2020 results

Methanex reports second quarter 2020 results.q2 adjusted loss per share $0.84.q2 earnings per share estimate $-0.96 -- refinitiv ibes data.q2 loss per share $0.85.qtrly revenues $512 million versus $848 million.qtrly adjusted revenues $453 million versus $777 million.total sales volume for q2 of 2020 was 2.41 million tonnes versus 2.79 million tonnes for q1 of 2020.estimate that global methanol demand declined by approximately 5% in q2 of 2020 compared to q1.production for q2 of 2020 was 1.63 million tonnes versus 2.01 million tonnes for q1 of 2020.methanex - ended quarter with liquidity position of $783 million in cash on balance sheet.methanex- continue to plan for scenarios, including ones where co sees prolonged period of lower methanol demand, continued low methanol prices.methanex- begun to see early signs of improving methanol demand with global economic activity beginning to recover, oil pricing stabilizing recently.methanex - "near-term outlook remains uncertain".
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