July 29 (Reuters) - Methanex Corp MX.TO :
* 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"