Formosa Plastic traded at 105.50 this Friday May 27th, increasing 0.50 or 0.48 percent since the previous trading session. Looking back, over the last four weeks, Formosa Plastic gained 0.96 percent. Over the last 12 months, its price rose by 4.46 percent. Looking ahead, we forecast Formosa Plastic to be priced at 100.84 by the end of this quarter and at 93.26 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
S-OIL 108,000.00 1,500.00 1.41% 5.37%
Lotte Chemical 197,000.00 500.00 0.25% -24.95%
LG Chem 534,000.00 0 0% -37.18%
SK Innovation 209,500.00 2,500.00 1.21% -29.10%
Nan Ya Plastic 81.90 0.20 0.24% -0.24%
Formosa Chem & Fiber 80.80 0.30 0.37% -4.60%
Sinopec 4.41 0.03 0.68% -1.34%
Dalian Rubber 22.75 0.20 0.89% -22.14%
Formosa Petroche 95.40 1.50 1.60% -1.85%
PetroChina 4.11 0.07 1.73% 30.48%
CNOOC 11.55 -0.05 -0.44% 36.51%
Alpek 26.16 -0.15 -0.57% 16.16%
Petronas Chemicals 9.86 -0.01 -0.10% 20.69%

Indexes Price Day Year
TAIEX 16266 297.39 1.86% -3.58%

Formosa Plastic
Formosa Plastics Corporation is a Taiwan-based company principally engaged in the manufacture and sales of chemical products. The Company operates through eight divisions. The Plastic division provides polyvinyl chloride (PVC) powders and liquid soda. The Polyolefin division provides high-density polyethylene (PE), polyvinyl acetate, low-density PE and linear low-density PE. The Polypropylene division provides polypropylene products. The Taililang division provides acrylic staple fibers, acrylic ester and carbon fibers. The Chemicals division provides acrylonitrile, methyl tert-butyl ether, methacrylic ester and epoxy chloropropane. The Calcium Carbide division provides calcium carbonates and calcium carbides. The Public Work division provides water, electricity and steam. The Others division provides distributed control systems (DCSs).