HELLO FROM SO OK TRADING

Naphtha Crisis 2026 – Latest Situation Update Positive Outlook | SO OK TRADING Since the outbreak of the Middle East conflict in late February, the global energy market has been shaken dramatically. Crude oil prices surged past $150 per barrel, driving Asian naphtha prices to nearly double. By mid‑May, prices corrected to $897 per ton, though still 62.54% higher than last year. Even as prices begin to ease, supply chain “lag effects” remain — shipping delays of 15–20 days and congested ports due to competition for raw material shipments from the Middle East continue to pressure industries across Asia. In Thailand, SCGC declared force majeure and temporarily shut down the Rayong Olefins plant, while PTTGC and SCGC are studying the establishment of a joint venture to enhance flexibility and reduce long‑term costs. In Japan, leading snack brand Calbee announced a packaging strategy shift, reducing color printing on 14 products to black‑and‑white to cope with ink and resin shortages — reflecting the rising trend of “minimalist design” during the crisis. At the same time, recovery signals are emerging: Naphtha prices dropped from the peak of $1,020 → $897 per ton Spreads rebounded: Ethylene–Naphtha +250–280 / Propylene–Naphtha +310–330 Plastic prices remain high but show signs of stabilization If the Middle East situation does not flare up again, this crisis is expected to ease by late June – early July 2026. SO OK TRADING FAST • SHARP • RELIABLE Your Trusted Business Partner

Gold Prices Surge in Q1/2026 — A Golden Opportunity for Investors and Thai Exporters

Yong Jie New Material – Revolutionizing Global Aluminum Packaging: From Cans to Lids and Tabs New Supply from China, Entering the Thai Market | SO OK TRADING | June 25, 2026 The 5000 series aluminum is rapidly emerging as the material of the future in packaging — strong, lightweight, corrosion‑resistant, and easy to form. Following a major $180 million merger with Arconic China, Yong Jie New Material is ready to deliver premium specifications H19 / H48 to the Thai market. Transforming the can, lid, and tab industry to meet world‑class standards. SO OK TRADING – FAST | SHARP | RELIABLE