ALUMINUM PACKAGING

Non-Ferrous Recycling in ASEAN 2026 By SO OK TRADING | 10 OCT 2026 In 2026, the world is entering the era of a circular economy

Global Aluminum Market Outlook: Price Pressures and Future Trends (October 2026) Aluminum futures on the London Metal Exchange (LME) plunged more than 2.6% in a single day and nearly 10% over the past month, reflecting mounting pressure from both macroeconomic factors and supply–demand dynamics. Meanwhile, other metals such as gold, copper, and zinc continued to rise, a phenomenon described as “Fundamental Decoupling.” This correction is not merely a short-term signal but highlights structural changes in the industrial metals market. Aluminum, in particular, faces headwinds from rapid supply recovery and new production capacity coming online, while Chinese demand has failed to rebound as expected. This post will dive into the macro, supply, and demand factors weighing on prices, analyze key technical support and resistance levels, and explore the long-term perspective that positions this downturn as a potential Buy on Dip opportunity for businesses reliant on raw materials.

Non-Ferrous Metals: Trends in Thailand and ASEAN SO OK TRADING | 8 OCT 2026 In 2026, the global metals industry is entering a “structural transformation era.” Non-Ferrous Metals — including aluminum, copper, zinc, tin, and nickel — have become the driving force behind the green economy and future technologies. Thailand, as the Downstream Hub of ASEAN, is accelerating the development of electric vehicles (EV), clean energy, and digital infrastructure. These metals are now recognized as strategic raw materials essential to sustaining global economic growth. At the same time, ASEAN is shifting from being a traditional “raw material exporter” to a Global Strategic Hub, powered by carbon neutrality policies, circular economy initiatives, and investments in advanced technologies to ensure long-term sustainability. This article by SO OK TRADING explores the key trends shaping the Non-Ferrous Metals market in Thailand and ASEAN — from the rise of EVs and clean energy, to industry responses to supply shocks, and the creation of circular supply chains that are becoming the “key to the future” of the global metals industry. SO OK TRADING: FAST • SHARP • RELIABLE Your trusted partner in the new era of metals

“Aluminium Coil Packaging Outlook 2027: Conversion Costs and Global Market Directions” SO OK TRADING | October 8, 2026 Introduction In 2027, the aluminium packaging industry is set to enter a major turning point. As the world moves toward a Circular Economy and environmental regulations become increasingly stringent, rising energy costs and China’s production limits are driving sustained growth in demand for aluminium coils for beverage and food packaging. SO OK TRADING, as your trusted partner in Non-Ferrous Metals and Aluminium Packaging, provides key insights into: Conversion Cost Trends: 780–870 USD/MT LME Aluminium Price Forecast: Expected to reach 3,000 USD/MT Strategic Procurement Approaches: Preparing for Green Premium and CBAM compliance This article offers a deep dive into the global market outlook, procurement strategies for Series 3000 and 5000, and the evolving landscape of major producers in China and ASEAN — ensuring your business is ready for a year defined by competition and sustainability. SO OK TRADING — FAST • SHARP • RELIABLE The true leader in Non-Ferrous & Aluminium Packaging from Thailand

Global Aluminium Market Overview and the Role of Key Asian Producers From P1020 Raw Material to Thailand and Asia’s Industrial Supply Chain SO OK TRADING : 7 OCT 2026 In today’s global economy driven by clean energy and sustainability, aluminium has become a strategic metal playing a vital role across industries — from packaging and automotive to energy and electronics. In particular, P1020 Aluminium Ingot (99.7% purity) is regarded as the fundamental raw material that defines the quality of the entire supply chain. This article provides an in-depth look at the latest developments among major producers in the region: Portland Aluminium and Tomago Aluminium (Australia) — global production bases undergoing recovery and transitioning to renewable energy. Press Metal (Malaysia) — the fastest-growing hub for low-carbon aluminium in ASEAN. INALUM (Indonesia) — a premium ingot producer powered by hydropower, closely linked to Thailand’s supply chain. It also analyzes the Outlook and Industry Direction of the global aluminium market, which is entering a new era of “Supply Stability + Environmental Sustainability.” This shift represents a strategic opportunity for Thai businesses to strengthen competitiveness in the global market. SO OK TRADING : FAST | SHARP | RELIABLE The true expert in Non-Ferrous business from Thailand

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Global Aluminium Market Q4/2026 — Japan Premium (MJP) Under Supply Pressure SO OK TRADING | 6 OCT 2026 As the fourth quarter of 2026 begins, the global aluminium market is entering a decisive turning point. The Japan Premium (Main Japan Premium – MJP) for Q4 has yet to reach a final settlement, reflecting cautious negotiations between buyers and sellers. Although structural demand from electric vehicles (EVs) and clean energy remains strong, the market is under pressure from tight supply in the Middle East and sluggish demand across Asia. As a result, the Japan Premium is expected to settle below $280 per ton, following Rio Tinto’s latest offer cut from $310 to $280 per ton (CIF Japan). Meanwhile, China has accelerated production and boosted exports by more than 17% year-on-year to offset supply gaps caused by Middle Eastern disruptions. This has created a fragile balance in the global market — prices remain elevated compared to 2025, but buyers are increasingly cautious. This analysis from SO OK TRADING explores every dimension of the aluminium market in Q4/2026: the state of MJP negotiations, the Middle East supply crisis, China’s counterbalance, LME price trends, and the industrial impact across Asia. ✨ FAST. SHARP. RELIABLE. SO OK TRADING — Your Trusted Partner in Non-Ferrous & Aluminium Business from Thailand

Middle East Crisis 2026: From Ceasefire Rejection to Full-Scale War Risk and Global Economic Shockwaves ✨ Introduction As of October 5, 2026, the Middle East is entering one of its most critical turning points in decades. The United States, under President Donald Trump, has rejected Iran’s proposed 7‑day ceasefire plan, rapidly escalating tensions across diplomatic, military, and economic dimensions. This confrontation between two major powers in the region not only threatens political stability but also sends shockwaves through oil prices, gold markets, and international logistics systems. Global markets are already reacting to the rising uncertainty day by day. At a time when the world is closely watching the Strait of Hormuz — the vital artery of global energy trade — U.S. and allied maneuvers, along with Iran’s and the Houthis’ responses in Yemen, are becoming decisive factors for the global economy in the final quarter of 2026. SO OK TRADING — FAST • SHARP • RELIABLE

Aluminum Coil 2026: Transitioning into the Era of Sustainability and Innovation SO OK TRADING | October 4, 2026 In 2026, the aluminum coil industry is entering a pivotal era of transformation worldwide. With advancements in technology, recycling, and sustainability, global producers are accelerating development to meet the rising demand in electric vehicles (EVs), modern construction, and eco-friendly packaging. From Alcoa, Hindalco, Norsk Hydro, and Rusal to emerging players such as Aluminum Dynamics, EGA, Speira, and new entrants from China — every company is competing through AI-driven innovation, automation, and recycled scrap utilization, creating materials that are lightweight, durable, and low in carbon emissions. Thailand continues to serve as a vital hub in the ASEAN region, with Closed-Loop Recycling initiatives capable of turning used cans into new ones within just 60 days, saving up to 95% of energy compared to primary smelting. The aluminum packaging industry has become the cornerstone of this new growth era — from beverage cans to food packaging — utilizing specialized alloys such as 3004, 3104, 5182, and 5052, ensuring both strength and safety in application. As the world advances toward sustainability, SO OK TRADING remains a trusted business partner, delivering global-quality solutions and deep insights to clients across industries. SO OK TRADING — FAST • SHARP • RELIABLE

Global Metal Market Powerhouses: LME vs ShFE (London Metal Exchange & Shanghai Futures Exchange) SO OK TRADING : October 4, 2026 Introduction In the global trade of non-ferrous metals, two exchanges dominate the stage in setting world-standard prices — the London Metal Exchange (LME) from the United Kingdom and the Shanghai Futures Exchange (ShFE) from China. These two markets stand as the “twin pillars” of the global metals industry, reflecting both the pulse of the world economy and the industrial heartbeat of China. LME serves as the international hub for metal trading, using the US dollar (USD) as the benchmark currency and providing the global reference price relied upon by industries worldwide. ShFE mirrors China’s domestic supply and demand, trading in renminbi (RMB) with value-added tax (VAT) included, and driven by the power of Chinese producers and industrial enterprises. As the world transitions toward clean energy and electric vehicles (EVs), demand for copper, nickel, and aluminium continues to surge. This makes both exchanges critical in shaping the direction of global raw material pricing. Far from being rivals, LME and ShFE are strategic partners — bridging East and West, balancing international benchmarks with China’s domestic realities. SO OK TRADING Your trusted partner in NON-FERROUS METALS from Thailand FAST • SHARP • RELIABLE

Aluminum & Copper Market Outlook in the U.S.: Costs, Supply Chains, and the Drive of AI & Clean Energy SO OK TRADING | October 4, 2026 In an era where technology and clean energy are rapidly reshaping the world, the United States is facing immense pressure in the supply chains of strategic metals — Aluminum and Copper. These two metals are not only vital industrial raw materials but also the “core drivers” of future innovation, powering everything from Electric Vehicles (EVs) to AI Data Centers and renewable energy systems. Import tariffs, supply constraints, and global resource competition are shaking the foundations of the metals industry worldwide. The U.S., in particular, must adapt swiftly to safeguard its economic and technological stability. This article will explore: The current situation of the U.S. aluminum and copper markets The direction of investment and usage in the age of AI and clean energy The future trends of recycling and material substitution Together, these insights reveal how aluminum and copper are set to become the pillars of the new global economy.

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Oil, Naphtha & Plastics Q4/2026: Industry Outlook and Thai Market Trends

Thailand Metal Outlook 2036: Aluminum, Copper & Steel SO OK TRADING | 3 OCT 2026 Thailand is entering a major turning point in its metal industry, driven by Electric Vehicles (EVs), renewable energy, and the rapidly growing Green Economy. This article explores the outlook for aluminum, copper, and steel — three core metals shaping Thailand’s industrial future — analyzing usage trends, growth rates (CAGR), and how industries are adapting toward sustainability.

Global Aluminium Outlook October 2026 — Analysis by SO OK TRADING The global aluminium market (LME) has entered a short-term consolidation phase after a strong rally in the previous quarter. The latest spot price stands at $3,156.50 per ton, while the 3-month futures are quoted at $3,169.50 per ton. The spread of +$13 clearly reflects a Contango structure — signaling that supply is sufficient and there is no immediate rush for physical demand. Although prices have corrected to $3,170 per ton, the overall sentiment remains a “Buy on Dip” opportunity, as the market continues to face a structural supply deficit. Demand growth driven by the Green Transition — electric vehicles (EVs), solar energy, and renewable infrastructure — underpins the long-term bullish outlook. This analysis explores bullish drivers and risk factors, provides insights from leading global financial institutions, and outlines the price outlook for Q4 2026, enabling businesses and investors to craft confident procurement strategies in a market that remains strong yet volatile.

Deep Dive Analysis: Mid West Japan Premium (MJP) Q4/2026 Sharp Decline and Strategic Insights for Buyers Japan’s aluminum market (Mid West Japan Premium – MJP) is entering a critical turning point in Q4 2026. After surging to a decade-high of $395/mt in Q3, the October–December contract negotiations now reveal a dramatic reversal — shifting decisively from a Seller’s Market to a Buyer’s Market. Key pressures include the recovery of Middle Eastern supply, falling premiums in Europe and the U.S., and strong resistance from Japanese buyers. Together, these forces are driving prices down by 29–34%, settling within the range of $260–$280/mt. This marks a structural change, highlighting the strongest buyer leverage seen in years. In this analysis, SO OK TRADING explores every dimension of the market — from the core drivers and precise price outlook to the downstream impacts on Automotive, Semiconductors, and Construction industries. Our insights are designed to empower procurement teams with confidence in cost strategies heading into late 2026. ✨ SO OK TRADING – FAST | SHARP | RELIABLE Your trusted partner with deep expertise in non-ferrous metals, delivering strategic intelligence for sharper decision-making.

Thailand’s Aluminum Industry: Structure, Production, and Future Outlook SO OK TRADING | 30 SEP 2026 Thailand’s aluminum industry is emerging as a vital pillar in the global supply chain, particularly in the automotive, construction, and packaging sectors. Although the country does not possess bauxite mines or primary smelters, it has built strong competitiveness through secondary production, recycling aluminum scrap, and producing billets for extrusion. This approach reduces energy consumption by up to 95% compared to primary production, aligning perfectly with global decarbonization and sustainability goals. As the world accelerates toward a Low‑Carbon Economy and stricter environmental measures such as the EU CBAM (Carbon Border Adjustment Mechanism) take effect, Thailand’s aluminum industry must adapt rapidly. This includes advancing production technologies, improving waste management, and integrating renewable energy to maintain competitiveness in international markets. SO OK TRADING, as a trusted partner in Thailand’s non‑ferrous metals sector, provides deep insights into production structures, smelting processes, popular aluminum grades, and both global and domestic market outlooks. These perspectives highlight the industry’s transformation toward a sustainable, value‑added future.

Global Aluminium Market Overview & Outlook — September 29, 2026 SO OK TRADING Insight: From Structural Tightness to a New Price Era in the Clean Energy Transition ✍️ Introduction By late September 2026, the global aluminium market continues to trade at elevated levels of USD 3,240–3,260 per metric ton, reflecting persistent structural tightness in supply and the accelerating demand for clean energy. Aluminium is now at a pivotal turning point — evolving from a conventional industrial metal into a “strategic metal of the future”, powering electric vehicles, solar energy, wind turbines, and AI data centers. Despite short-term pressures from China’s economic slowdown and expectations of U.S. Federal Reserve rate hikes, the medium- to long-term outlook remains firmly bullish. Prices are expected to establish a higher base between 2027–2033, driven by clean energy demand and rising carbon costs.

China: The Global Aluminum Powerhouse SO OK TRADING | 28 SEP 2026 As the world moves toward clean energy and future technologies, aluminum has become one of the most strategic metals of our time. From electric vehicles (EVs) and renewable energy infrastructure to aerospace and sustainable packaging, aluminum plays a vital role across industries. China, as the world’s largest producer and exporter of aluminum, accounts for more than half of global output. It is also the hub of cutting-edge manufacturing technologies. Unsurprisingly, China is recognized as the “Global Aluminum Powerhouse”, shaping the direction of the international market. This article by SO OK TRADING provides an in-depth look into China’s aluminum market — covering production structures, key players, pricing references, and market outlook for 2026–2027. It also explores opportunities and strategies for Thai businesses to manage costs and mitigate risks in the evolving global metals landscape. SO OK TRADING — FAST • SHARP • RELIABLE Your trusted partner in the world of strategic metals.

In a world rapidly accelerating toward clean energy and a low‑carbon economy, aluminum has emerged as a strategic metal driving the future of global industries — from electric vehicles (EVs) to renewable energy infrastructure and large‑scale AI data centers. Among the nations shaping this transformation, Russia stands out as a key player. With an annual production capacity of 3.5–4 million tons, accounting for 5–6% of global output, and led by UC RUSAL, Russia has become the cornerstone of the full‑scale transition into the era of Green Aluminum. Powered by Siberian hydropower and strengthened by world‑class innovations such as ALLOW and ALLOW INERTA, which reduce carbon emissions to near zero, Russia is not only a major producer but also a global standard‑setter in aluminum — at a time when every country must adapt to increasingly strict environmental regulations. This article by SO OK TRADING will take you deep into: The strength and potential of Russia’s aluminum industry The impact of war and sanctions reshaping global supply chains Market outlooks for both the global stage and Thailand between 2026–2030 And the critical role of the Green Transition in defining the future of the low‑carbon economy ✨ Aluminum Russia is not just about metal — it is about the future of a world economy driven by clean energy and sustainability. SO OK TRADING — FAST • SHARP • RELIABLE

Aluminum Can Industry 2027–2032: Advancing the Circular Economy and Emerging Growth Markets By SO OK TRADING | September 24, 2026 The global aluminum can packaging industry is entering a pivotal transformation between 2027 and 2032. Once valued primarily for convenience and low cost, aluminum cans are now becoming the cornerstone of the Circular Economy and a key driver toward Net Zero under increasingly stringent global environmental regulations. In the next 5–6 years, aluminum cans will evolve beyond being simple beverage containers. They will stand as a symbol of sustainability and innovation, expanding into premium beverage categories as well as rapidly growing new markets such as premium pet food cans, which are gaining significant traction worldwide. Thailand, as a manufacturing hub in the ASEAN region (EEC Hub), is set to play a crucial role in advancing this industry. With a highly efficient closed-loop recycling system and strong domestic producers, Thailand is well-positioned to accelerate its presence in the global market. SO OK TRADING is ready to be your trusted business partner — FAST • SHARP • RELIABLE — in building a sustainable and globally competitive future for aluminum packaging.

RSI Ingot: The Future Strategic Material for a Sustainable Industrial World Today, the world is facing unprecedented challenges in energy and the environment. Reducing the use of natural resources and shifting towards recycled materials has become the core of the Circular Economy. One of the most prominent materials in this transformation is RSI Ingot (Remelt Scrap Ingot). In particular, recycled aluminum can save up to 95% of energy compared to traditional production from bauxite ore. RSI Ingot is no longer just a “low-cost alternative.” It has become a mandatory raw material for businesses seeking sustainability and competitiveness in the new era. From electric vehicles (EVs) to recycled packaging and green construction industries, RSI Ingot is now indispensable. As a trusted partner in the metal industry in Thailand, SO OK TRADING provides in-depth insights into RSI Ingot — from production characteristics and popular grades to global and ASEAN market outlooks — helping Thai businesses confidently embrace the new trends in the metal industry. SO OK TRADING | FAST • SHARP • RELIABLE

In today’s world, metals are no longer just “raw materials” — they have become indicators of economic strength and geopolitical risk. Among them, aluminum is increasingly recognized as a strategic metal of the clean energy and digital technology era. The movement of Premiums is not merely a number on the LME (London Metal Exchange) board. It is a signal reflecting the true cost of industry worldwide — from smelters in Asia to production lines in the United States. In this article, SO OK TRADING takes you deep into the global aluminum market outlook for Q4/2026 — analyzing both the Main Japanese Ports Premium (MJP) and the Midwest Premium (MWP), while decoding the pressures and supports that are reshaping the cost equation for buyers across the globe. Get ready for strategic insights that will help you “read the market game ahead of time” and “manage costs with precision” in an era where every ton of metal carries meaning far beyond its price.