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Methanex, a major methanol producer, hit a 52-week high after reporting quarterly earnings of $3.69 per share versus about $2.84 expected, with revenue up nearly 50% year on year to about $1.36 billion. Methanol prices reached about $510 per tonne amid Middle East supply disruptions, and China's methanol-to-olefins plants reportedly shut down at those prices.
Middle East supply disruption has lifted methanol prices sharply, while high prices have cut Chinese methanol-to-olefins demand, a dynamic that could ease if Middle East exports resume. For feed buyers the relevance is indirect, reflecting the tight energy and chemical feedstock environment rather than a direct grain or meal move.
ainvest.comNov 2, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
