Choice Commodity Research

Natural gas Update Weather systems will bring showers and cooler temperatures across the West, while a strong heat ridge drives widespread 80s–90s and triple-digit Southwest temperatures across much of the U.S. National energy demand is expected to remain moderate today and high through the coming week. Impact: Positive for Natural gas. -Choice Broking

Sumeet Bagadia’s Desk:Buy GOLDM|26JUN26 CE 154000.00 in Commodity @ 2410 SL 2200 TGT 2830.00

Copper Update For the first five months of 2026, China imported 2.01 million tons of unwrought copper and copper products, down 7% from a year earlier. Impact: Positive for Copper. -Choice Broking

Crude Oil Update Crude Oil prices declined after Iran and Israel announced a halt to mutual attacks following an appeal from U.S. President Donald Trump. However, both sides cautioned that hostilities could resume, while negotiations continue over reopening the Strait of Hormuz. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOIL|16JUN26 PE 8600.00 in Commodity @ 264 SL 241 TGT 310.00

Copper Update Copper prices steadied, supported by strong Chinese export data that reinforced demand prospects. Easing Iran-Israel tensions reduced inflation concerns, while a delayed recovery at the Grasberg mine added support by sustaining expectations of tighter supply conditions. -Choice Broking

*Rupee Update* The Indian rupee strengthened to around 95.4 per dollar as easing geopolitical tensions, softer crude oil prices, and a weaker dollar improved sentiment, though elevated U.S. Treasury yields and expectations of prolonged Federal Reserve tightening continued to limit gains. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|25JUN26 in Commodity @ 302.8 SL 300.9 TGT 306.60

*CH USD-Denominated Trade Balance* Actual : 105.4B Forecast : 92.1B Prev.: 84.8B Impact : Positive for Base metals *CH Trade Balance* Actual : 724B Forecast : 625B Prev.: 586B Impact : Positive for Base metals

Global Commodity Market Heatmap Global markets showed a mixed tone. U.S. equities remained firm, with the DJIA, S&P 500, Nasdaq 100, and Russell 2000 posting modest gains, while Asian and European markets were weaker, led by a sharp decline in the Nikkei 225. Energy markets softened as WTI and Brent crude oil fell around 0.7%, though natural gas edged higher. In metals, gold was largely unchanged, silver and copper slipped, while platinum and palladium gained. The U.S. dollar index remained near 99.95, and bond markets remained relatively steady with slight weakness across major maturities.

Sumeet Bagadia’s Desk : Book Profit @ 301.2...Buy in Commodity NATURALGAS|25JUN26 @ 300.2 SL 297.2 TGT 306.20

Sumeet Bagadia’s Desk:Buy NATURALGAS|25JUN26 in Commodity @ 300.2 SL 297.2 TGT 306.20

*Sumeet Bagadia's Desk: Book Part Profit in CRUDEOIL strategy* Approx. Profit of Rs. 1490 at cmp

Sumeet Bagadia’s Desk : Stopped Out @ 364.35...Buy in Commodity ZINC|30JUN26 @ 365.1 SL 364.4 TGT 366.50

Sumeet Bagadia’s Desk : Exit @ 384.3...Buy in Commodity ALUMINI|30JUN26 @ 384.2 SL 382.5 TGT 387.60

Sumeet Bagadia’s Desk : Target Achieved @ 252900...Buy in Commodity SILVERMIC|30JUN26 @ 248289 SL 245998 TGT 252871

Sumeet Bagadia’s Desk : Exit @ 299.3...Sell in Commodity NATURALGAS|25JUN26 @ 299.7 SL 303.1 TGT 292.90