Formosa Petroche traded at 93.30 this Tuesday July 5th, decreasing 1.60 or 1.69 percent since the previous trading session. Looking back, over the last four weeks, Formosa Petroche lost 3.52 percent. Over the last 12 months, its price fell by 18.52 percent. Looking ahead, we forecast Formosa Petroche to be priced at 90.40 by the end of this quarter and at 83.01 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
S-OIL 93,600.00 -8,400.00 -8.24% 4.35%
Lotte Chemical 185,000.00 1,000.00 0.54% -20.09%
LG Chem 515,000.00 3,000.00 0.59% -28.17%
SK Innovation 173,000.00 -7,500.00 -4.16% -15.40%
Formosa Plastic 92.50 -1.50 -1.60% -12.74%
Nan Ya Plastic 69.10 -11.50 -14.27% -19.56%
Formosa Chem & Fiber 72.50 -0.30 -0.41% -16.47%
Oil Refineries Ltd 119.80 -4.20 -3.39% 47.72%
Petronas Chemicals 8.97 -0.15 -1.64% 10.88%
Petronas Dagangan 21.64 0.94 4.54% 14.86%
Paz Oil Company Ltd 41,630.00 -1,070.00 -2.51% 6.01%
Tüpras 255.20 -9.30 -3.52% 165.42%

Indexes Price Day Year
TAIEX 14202 -147.44 -1.03% -20.44%

Formosa Petroche
Formosa Petrochemical Corp is a Taiwan-based company principally engaged in the refining and distribution of oil products. The Company’s principal products include oil products, such as naphtha, gasoline, diesel, jet fuel, kerosene, fuel oil and liquefied petroleum gas (LPG); petrochemical basic materials, such as ethylene, propylene and butadiene; utility products, such as power generation equipment and steam, as well as basic oil products. In addition, the Company is also involved in the storage of oil products and petrochemical materials, as well as the loading and unloading of port cargos.