Outlook

We expect our 2026 production to be approximately 9.0 million tonnes (Methanex interest) of methanol and 0.3 million tonnes of ammonia. Actual production may vary by quarter based on gas availability, turnarounds, unplanned outages and unanticipated events.

In the first quarter of 2026, we expect a slightly higher Adjusted EBITDA compared to the fourth quarter of 2025, with similar produced sales and a slightly higher average realized price. Based on our posted prices and factoring in our new customer discounts for 2026, we expect that our average realized price range will be approximately $330 to $340 per tonne.