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Formosa Petrochemical Corporation (6505.TW)
| Previous close | 71.60 |
| Open | 71.60 |
| Bid | 71.70 x 0 |
| Ask | 71.80 x 0 |
| Day's range | 71.50 - 72.20 |
| 52-week range | 67.60 - 90.00 |
| Volume | |
| Avg. volume | 3,934,509 |
| Market cap | 683.011B |
| Beta (5Y monthly) | 0.36 |
| PE ratio (TTM) | 30.38 |
| EPS (TTM) | 2.36 |
| Earnings date | 01 Aug 2024 - 05 Aug 2024 |
| Forward dividend & yield | 1.10 (1.53%) |
| Ex-dividend date | 13 Jun 2023 |
| 1y target est | 79.11 |
- Reuters
UPDATE 3-Taiwan's FPCC reopens Mailiao refinery port, restarts a crude unit after quake
Taiwan's Formosa Petrochemical (FPCC) has restarted operations at the port at its Mailiao oil refinery after closing it as a precautionary measure following a powerful earthquake, a company spokesperson said on Wednesday. FPCC has also restarted operations at a crude distillation unit (CDU) at Mailiao, company spokesperson K.Y. Lin said.
- Reuters SG
Sour crude prices weaken in Asia despite OPEC+ cuts
Middle East crude prices in Asia fell to their lowest level in months, despite OPEC+ production cuts, traders said, as Asian refiners held back spot purchases and China and India binged on cheap Russian oil. Benchmark Dubai crude's premium fell to a 4-month low of 70 cents a barrel above Dubai quotes on Wednesday, while Qatar has set al-Shaheen's July term price at a 27-months-low after increasing supplies. The fall in prices may prompt top exporter Saudi Arabia to cut prices for its term cargoes to Asia for a second straight month in July, traders said.
