B.G. Container Glass (BGC) expects its performance in the second half of 2026 to continue growing from the first half, after recognizing the results of Bangkok Can Manufacturing (BCM), an aluminum can producer, while its existing businesses, Trading and glass packaging, remain key drivers. The company is moving forward with locking in prices and volumes of raw materials with some major suppliers to control costs amid volatility, while focusing on producing high-value or high-margin products to support profit margins. It is confident that full-year results will be better than last year, as there are no special expenses. For the main costs in the glass packaging business, brown cullet, which accounts for about 70% of usage, saw prices drop 2% from the previous quarter and 13% from the previous year. Meanwhile, soda ash prices fell 9% from the previous year but are trending slightly higher quarter-on-quarter. However, the company has locked in prices and volumes until the end of the year. For other packaging segments, kraft paper costs rose nearly 17% from the previous quarter due to hoarding during the Middle East conflict, but are expected to return to normal in the third and fourth quarters. Meanwhile, plastic resin prices increased 60% from the first quarter, following crude oil prices. For the aluminum can business, which began consolidating in May, aluminum coil is the main cost, accounting for 55% of production. Its price, referenced to the LME index, rose 46% compared to the reference period and increased 12% quarter-on-quarter due to issues in Middle East production sources. However, the company sees a downward trend in prices in the future.
BG Container Glass Public Company LimitedLocks in raw material prices and volumes to control costs, with some input costs declining.
