Choice Commodity Research

Rupee Update The rupee hovered near 96.4 per dollar after crossing 97, helped by softer oil and lower US yields. RBI announced a $5 billion swap and may introduce further measures ahead of its June policy meeting. -Choice Broking

Copper Update Copper prices edged up on hopes of easing Iran tensions and after Chile cut its production outlook by 2%. However, gains remained limited due to profit-taking, a stronger dollar, and concerns over weak Chinese demand. -Choice Broking

Crude Oil Update Crude oil prices slightly up despite, US-Iran negotiations neared a possible deal, boosting hopes of restored Middle Eastern oil flows through the Strait of Hormuz. However, EIA warned global oil markets may remain tight, while ADNOC projected full regional supply recovery only by late 2027. -Choice Broking

Sumeet Bagadia’s Desk:Buy ZINCMINI|29MAY26 in Commodity @ 371.55 SL 369.7 TGT 375.25

Global Commodity Market Heatmap Global markets showed a mixed to negative trend. U.S. indices like Dow Jones, S&P 500, and Nasdaq closed slightly lower, while Japan’s Nikkei gained strongly. Energy markets remained positiive, with WTI crude oil trading near $99 per barrel and Brent above $105, supported by ongoing geopolitical tensions and supply concerns, while natural gas gained more than 1%. In metals, gold stayed nearly flat, silver and platinum declined, and copper edged lower, indicating cautious industrial demand expectations. US Treasury bond prices slipped slightly. Currency markets favored the US dollar, as the dollar index strengthened while the VIX remained around 20, signaling moderate market volatility and continued investor uncertainty.

Sumeet Bagadia’s Desk : Book Part Profit @ 202.40...Buy in Commodity LEAD|29MAY26 @ 201.80 SL 201.40 TGT 202.60

Sumeet Bagadia’s Desk : Book Profit @ 1743.50...Buy in Commodity GOLDM|29MAY26 CE 160000.00 @ 1670.00 SL 1437.00 TGT 2136.00

*US Crude Oil Inventories* Actual : -7.9M Forecast: -2.5M Prev.: -4.3M Impact: Positive for Crude Oil *US Distillate Inventories* Actual : 0.4M Forecast: -1.5M Prev.: 0.2M Impact : Negative for Crude Oil *US Gasoline Inventories* Actual : -1.5M Forecast: -2.1M Prev.: -4.1M Impact : Negative for Crude Oil

Sumeet Bagadia’s Desk : Stopped Out @ 21212...Buy in Commodity SILVERMIC|30JUN26 @ 276925 SL 273339 TGT 284097.00

Sumeet Bagadia’s Desk : Stopped Out @ 1.60...Buy in Commodity NATURALGAS|22MAY26 CE 310.00 @ 2.80 SL 1.60 TGT 5.20

Sumeet Bagadia’s Desk:Buy LEAD|29MAY26 in Commodity @ 201.80 SL 201.40 TGT 202.60

Sumeet Bagadia’s Desk : Exit @ 385.7...Buy in Commodity ALUMINIUM|29MAY26 @ 385.5 SL 384.75 TGT 387.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in COPPER|29MAY26

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 276925 SL 273339 TGT 284097.00

Sumeet Bagadia’s Desk:Buy ALUMINIUM|29MAY26 in Commodity @ 385.5 SL 384.75 TGT 387.00

Sumeet Bagadia’s Desk:Buy GOLDM|29MAY26 CE 160000.00 in Commodity @ 1670 SL 1437 TGT 2136.00

Sumeet Bagadia’s Desk : Book Part Profit @ 1345.7...Buy in Commodity COPPER|29MAY26 @ 1343.55 SL 1341.55 TGT 1347.55