Choice Commodity Research

Sumeet Bagadia’s Desk : Stopped Out @ 276.50...Buy in Commodity NATURALGAS|25SEP26 @ 278.00 SL 276.50 TGT 281.00

Sumeet Bagadia’s Desk : Stopped Out @ 206.60...Buy in Commodity CRUDEOILM|17SEP26 CE 8800.00 @ 292.30 SL 206.90 TGT 463.10

Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 243122.00 SL 241300.00 TGT 246766.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|25SEP26 in Commodity @ 278.00 SL 276.50 TGT 281.00

Weekly SHFE Inventory Data Shanghai Futures Exchange inventories declined this week for copper by 9,428 tonnes, aluminium by 26,796 tonnes, zinc by 5,008 tonnes, and nickel by 728 tonnes, Meanwhile, lead inventories increased by 697 tonnes and tin by 118 tonnes. Impact: Positive for Basemetal. -Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ALUMINIUM|30SEP26

Daily LME Stock Update LME inventories: copper down 475 tonnes, zinc up 1,675 tonnes, lead down 4,850 tonnes, aluminium down 1,450 tonnes, nickel unchanged. Impact: Positive for Lead, Aluminium. -Choice Broking

Sumeet Bagadia’s Desk:Buy ZINCMINI|30SEP26 in Commodity @ 418.50 SL 416.40 TGT 422.70

Sumeet Bagadia’s Desk : Book Full Profit @ 243560.00...Buy in Commodity SILVERM|30NOV26 @ 242526.00 SL 241891.00 TGT 243796.00

Sumeet Bagadia’s Desk : Book Part Profit @ 243100.00...Buy in Commodity SILVERM|30NOV26 @ 242526.00 SL 241891.00 TGT 243796.00

Natural Gas Update Europe has delayed winter gas purchases, betting the Iran war will end soon and prices will decline. EU gas storage is only 65% full, the lowest late-summer level in 15 years, as buyers expect Qatar to resume normal Hormuz shipments. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 349.90...Buy in Commodity ALUMINIUM|30SEP26 @ 349.10 SL 348.40 TGT 350.50

Sumeet Bagadia’s Desk:Buy SILVERM|30NOV26 in Commodity @ 242526.00 SL 241891.00 TGT 243796.00

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30SEP26 in Commodity @ 349.10 SL 348.40 TGT 350.50

Global Update U.S. Vice President Vance said Washington will not negotiate with Iran until Tehran stops attacks on commercial vessels. -Choice Broking

Crude Oil Update Iraq's State Organization for Marketing of Oil (SOMO) said August oil exports were 73 million barrels, the highest level since the Iran-Iraq War. Negative for Crude Oil. -Choice Broking

*China's yuan strengthened on Friday to a fresh 3-1/2-year high against the USD*

Copper Update US COMEX copper inventories reached a record 764,597 short tons after 53 consecutive daily increases. Chile supplied 46% of July imports, while Congo provided nearly one-quarter. January-July imports rose 4.2% year-on-year to 1.12 million tonnes amid tariff uncertainty. Impact: Positive for Copper. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOILM|17SEP26 CE 8800.00 in Commodity @ 292.30 SL 206.90 TGT 463.10