Formosa Plastic traded at 107.50 this Monday July 4th, decreasing 0.50 or 0.46 percent since the previous trading session. Looking back, over the last four weeks, Formosa Plastic lost 0.92 percent. Over the last 12 months, its price fell by 0 percent. Looking ahead, we forecast Formosa Plastic to be priced at 104.98 by the end of this quarter and at 96.40 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
S-OIL 101,500.00 1,600.00 1.60% 13.16%
Lotte Chemical 181,500.00 -3,000.00 -1.63% -21.60%
LG Chem 500,000.00 -9,000.00 -1.77% -30.27%
SK Innovation 177,500.00 0 0% -13.20%
Nan Ya Plastic 82.60 -0.10 -0.12% -4.51%
Formosa Chem & Fiber 73.80 0.10 0.14% -14.68%
Sinopec 4.10 0.02 0.49% -4.65%
Dalian Rubber 22.01 -0.03 -0.14% -13.99%
Formosa Petroche 94.90 1.90 2.04% -17.84%
PetroChina 3.71 -0.03 -0.80% -3.64%
CNOOC 10.28 -0.08 -0.77% 14.35%
Alpek 27.69 0.01 0.04% 12.06%
Petronas Chemicals 9.11 0.03 0.33% 12.47%

Indexes Price Day Year
TAIEX 14217 -126.02 -0.88% -20.66%

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).