Shin-etsu Chemical traded at 5,104.00 this Friday February 6th, decreasing 75.00 or 1.45 percent since the previous trading session. Looking back, over the last four weeks, Shin-etsu Chemical lost 2.67 percent. Over the last 12 months, its price rose by 8.50 percent. Looking ahead, we forecast Shin-etsu Chemical to be priced at 4,922.30 by the end of this quarter and at 4,350.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Shin-Etsu Chemical Co., Ltd. is a Japan-based company primarily engaged in chemical business. The Company operates in six business segments. The Poly Vinyl Chloride and Chemicals segment manufactures and sells vinyl chloride, caustic soda products, chloromethane and methanol. The Silicone segment manufactures and sells Silicone products. The Functional Chemicals segment manufactures and sells cellulose derivatives, metal silicon, poval and synthetic sex pheromone. The Semiconductor Silicon segment manufactures and sells semiconductor silicon products. The Electronic and Functional Materials segment manufactures and sells rare earth magnet, packaging materials for Light Emitting Diode (LED), photoresists, mask blanks, synthetic quartz products, liquid fluoroelastomer and pellicle. The Process, Commercial and Technology Service segment provides resin processed products, exports technology and plant and others.