Hengli Petrochemical Co Ltd traded at 21.09 this Friday May 15th, decreasing 1.04 or 4.70 percent since the previous trading session. Looking back, over the last four weeks, Hengli Petrochemical lost 13.21 percent. Over the last 12 months, its price rose by 32.06 percent. Looking ahead, we forecast Hengli Petrochemical Co Ltd to be priced at 21.94 by the end of this quarter and at 20.64 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hengli Petrochemical Co Ltd is a China-based company mainly engaged in refining, petrochemical and polyester new materials industries. The Company is mainly engaged in the production, research and development and sales of petroleum refining, petrochemical, p-xylene (PX), acetic acid, purified terephthalic acid (PTA), ethylene glycol, polyester chips, civilian polyester filament, industrial polyester filament, polyester film, engineering plastics, promising biodegradable polymers (PBS/PBAT) biodegradable new materials. Its products are used in textile and home textiles, food-grade packaging, construction industry, logistics industry, automobile industry, environmental protection new energy, electronic appliances, optical equipment and other fields. The Company mainly sells its products in the domestic market.