SO OK TRADING — Celebrating 1.8 Million Global Visits with Confidence in Non-Ferrous Excellence, Your Reliable Partner and Expert

Thailand Aluminum Packaging – From Pressure to a Decade of Sustainability Outlook on the Transition of Thailand’s Aluminum Packaging Industry (2012–2026) and Future Trends (2026–2035) Article by SO OK TRADING | July 1, 2026 Over the past decade, Thailand’s aluminum packaging industry has undergone significant transformation. Once driven by price and volume competition, it has now entered a new era defined by quality, sustainability, and advanced technology. Although 2026 faces short-term challenges from rising raw material costs and global tariff measures, the long-term outlook remains highly promising — the Thai market is projected to reach USD 1.25 billion by 2033 and soar to USD 1.35 billion by 2035. This article explores the transition journey of Thailand’s aluminum industry: from the early days of beer and soft drink cans to the “Green Aluminum” era powered by Circular Economy and Closed-loop Recycling. It also highlights the future strategies of major players such as TBC, BCM, Crown, Swan, Next Can, and ACM (Carabao Group), who are elevating Thailand’s production standards to the global stage. ✨ SO OK TRADING Your trusted partner in the world of packaging and global trade FAST | SHARP | RELIABLE

Copper prices are expected to remain elevated and bullish in 2026, driven by strong demand from the green energy transition (EVs, renewables, grid upgrades) and persistent mine supply constraints/disruptions, with forecasts generally placing prices in the $10,000 to over $12,000 per tonne range, although some analysts foresee a slight cooling to $10,000-$11,000 as market balances tighten. Key factors include IRA spending, AI infrastructure needs, constrained new mine supply, and potential Chinese economic recovery, creating tight markets despite some projected minor surpluses. Key Price Predictions (2026): Goldman Sachs: $10,000 - $11,000/tonne range, averaging $10,710/tonne in H1 2026. J.P. Morgan: Averaging around $12,075/tonne, with potential spikes to $12,500/tonne in Q2. Bank of America: Average of $11,313/tonne, with potential for $15,000/tonne spikes. UBS: $11,000/tonne by Sept 2026. World Bank: Average of $9,800/tonne. Bullish Drivers: Energy Transition: Massive demand for grid expansion, EVs, and renewable infrastructure. AI Infrastructure: Increased demand for data centers. Supply Deficit: Mine disruptions (Grasberg, Kamoa-Kakula, etc.) and difficulty bringing new mines online. China: Potential economic rebound acting as a catalyst. Potential Headwinds/Volatility: Policy-induced Surpluses: E.g., from IRA incentives or scrap availability. Stronger USD: Can weigh on commodity prices. Slower Demand: If China's recovery falters. Overall Outlook: Expect a tight market with strong underlying demand, leading to high prices, but with significant volatility due to policy shifts and mine output fluctuations. The market is moving towards a structural deficit, supporting higher prices long-term

Global Market Summary – March 2, 2026