Formosa Chem & Fiber traded at 72.60 this Wednesday February 1st, increasing 0.40 or 0.55 percent since the previous trading session. Looking back, over the last four weeks, Formosa Chem & Fiber gained 2.98 percent. Over the last 12 months, its price fell by 9.36 percent. Looking ahead, we forecast Formosa Chem & Fiber to be priced at 70.15 by the end of this quarter and at 63.30 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
S-OIL 88,100.00 -100.00 -0.11% -2.11%
Lotte Chemical 179,700.00 2,900.00 1.64% -9.24%
LG Chem 688,000.00 -2,000.00 -0.29% 1.62%
SK Innovation 170,600.00 8,500.00 5.24% -21.92%
Formosa Plastic 88.90 -0.40 -0.45% -16.92%
Nan Ya Plastic 75.40 0 0% -15.75%
Shanghai Petrochemical 3.27 0.07 2.19% -18.86%
Formosa Petroche 82.70 -1.20 -1.43% -15.44%
Alpek 30.65 0.85 2.85% 20.01%
Braskem 23.80 0.47 2.01% -53.37%
Petronas Chemicals 8.35 -0.10 -1.18% -6.18%

Indexes Price Day Year
TAIEX 15420 154.93 1.01% -13.86%

Formosa Chem & Fiber
Formosa Chemicals & Fibre Corp is a Taiwan-based company principally engaged in the manufacture and sale of chemical products. The main products of the Company include petrochemical plastic raw materials, synthetic fiber products and common fluid products. Its petrochemical plastic raw material products include benzene, paraxylene (PX), o-xylene (OX), toluene, styrene monomer (SM), phenol, acetone, pure terephthalic acid (PTA), polystyrene (PS), polypropylene (PP) and polycarbonate resin (PC), among others. Its synthetic fiber products include mirabilite, synthetic fiber yarn, cotton yarn, blended yarn, staple fiber cloth, long-fiber cloth and nylon yarn, among others. Its common fluid products include electricity, filtered water, chilled water, soft water, pure water and steam. The Company operates businesses in Mainland China, Asia, the Middle East, America and Europe, among others.