Choice Commodity Research

Sumeet Bagadia’s Desk : Target Achieved @ 384...Buy in Commodity ALUMINIUM|29MAY26 @ 377 SL 371 TGT 384

Sumeet Bagadia’s Desk : Book Part Profit @ 382...Buy in Commodity ALUMINIUM|29MAY26 @ 377 SL 371 TGT 384

Sumeet Bagadia’s Desk : Book Profit @ 272.3...Buy in Commodity NATURALGAS|26MAY26 @ 271.3 SL 269 TGT 275.90

Aluminium Update Aluminium Bahrain (Alba) reported a 17% fall in Q1 sales and 14% drop output to 339,734 ​tons in ​the first three months of the year, as Middle East war disrupted shipping routes, forced capacity cuts after Strait of Hormuz closure, and led to an attack. Impact: Positive for Aluminium. Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 296500...Buy in Commodity SILVERMIC|30JUN26 @ 298490 SL 296500 TGT 302470.00

Global Update Global demand for electric vehicles rose for a second straight month in April as high petrol prices kept steering buyers away from combustion-engine cars, data from consultancy Benchmark Mineral Intelligence showed. Impact: Positive for industrial metal. -Choice Broking

Crude oil Update Crude oil prices ease as markets awaited Middle East ceasefire updates and Trump–Xi talks. Despite this, inflation remained high, sustaining steady Federal Reserve interest rates, while U.S. crude and distillate inventories decreased due to supply concerns stemming from the ongoing conflict in Iran. Choice Broking

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 298490 SL 296500 TGT 302470.00

Natural Gas Update European countries are expected to source 80% of LNG imports from the U.S. by 2028 as Russian gas is phased out, raising concerns over dependence on a single supplier amid upcoming EU bans on Russian LNG and pipeline gas. Impact: Positive for Natural gas. Choice Broking

Copper Update Copper prices climbed above 1% as strong Chinese industrial demand, AI-driven infrastructure investment, Chile output decline, Peru fuel risks, and supply concerns linked to the US-Iran conflict boosted sentiment, while markets awaited Trump-Xi trade talks for further market direction. Choice Broking

Rupee Update Moody’s cut India’s 2026 growth forecast to 6.0% from 6.8%, citing weaker consumption, investment, industrial activity, and rising energy prices, below the RBI’s projected 6.9% economic growth estimate. Impact: Negative for Rupee. Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|26MAY26 in Commodity @ 271.3 SL 269 TGT 275.90

Sumeet Bagadia’s Desk:Buy NATURALGAS|26MAY26 in Commodity @ 271.2 SL 269 TGT 275.60

Bullion Update Indian rupee steadied near record lows as India raised bullion import duties to about 15% from 6%, in a bid to curb demand, cut imports, and narrow the trade deficit to support rupee. Recent data also showed a rebound in foreign direct investment flows, to ease pressure from rising oil prices and external risks. -Choice Broking

MCX GOLD HIT UP WITH +6% @162648 MCX SILVER UP 6%

Global Commodity Market Heatmap Global markets showed a mixed performance, with major equity indices mostly gaining slightly—Japan’s Nikkei 225 and Europe’s Euro Stoxx 50 posted solid increases, while the Dow Jones slipped marginally. Energy commodities were weaker overall, as crude oil, gasoline, heating oil, and natural gas declined. Precious and industrial metals such as gold, silver, copper, and palladium moved higher, indicating continued demand for safe-haven and industrial assets. Agricultural commodities were mixed, with cocoa sharply down while orange juice, lumber, oats, and canola gained. Bond markets remained mostly stable, While currencies saw limited movement.

*The government raised import duties on gold and silver from 6 per cent to 15 per cent.* Positive for bullion Choice Broking

Sumeet Bagadia’s Desk : Exit @ 280680...Buy in Commodity SILVERMIC|30JUN26 @ 280171 SL 277526 TGT 285461.00