Choice Commodity Research

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

Sumeet Bagadia’s Desk:Buy COPPER|29MAY26 in Commodity @ 1343.55 SL 1341.55 TGT 1347.55

Sumeet Bagadia’s Desk : Stopped Out @ 276220...Sell in Commodity SILVERMIC|30JUN26 @ 274670 SL 276200 TGT 271610.00

Copper Update Chile’s Cochilco raised its 2026 copper price forecast to $5.55/lb, citing strong demand from energy transition and AI. Global copper demand is expected to grow steadily despite supply constraints and slower mine output growth. Impact: Positive for copper. -Choice Broking

Sumeet Bagadia’s Desk:Sell SILVERMIC|30JUN26 in Commodity @ 274670 SL 276200 TGT 271610.00

Sumeet Bagadia’s Desk : Exit @ 1343.3...Buy in Commodity COPPER|29MAY26 @ 1342.4 SL 1240 TGT 1547.20

Sumeet Bagadia’s Desk:Buy COPPER|29MAY26 in Commodity @ 1342.4 SL 1240 TGT 1547.20

Sumeet Bagadia’s Desk : Exit @ 4647...Buy in Commodity ELECDMBL|29MAY26 @ 4635 SL 4589 TGT 4727.00

Natural gas Update Natural gas prices rose amid Middle East supply disruptions as the Strait of Hormuz stayed largely closed. Trump warned of fresh strikes on Iran, while LNG flows hit 16-week low and Europe’s summer import needs kept markets tense. -Choice Broking

News Update A solar industry group urged India’s regulator to raise the electricity price cap on power exchanges, saying the ₹10 per unit limit is hurting profitability, especially for storage firms, despite record-high demand and slowing investment. Impact: Bullish for renewable energy companies. -Choice Broking

Rupee Update The Indian rupee hit a new record low as U.S.–Iran peace deadlock kept oil prices high, raising inflation fears, pushing bond yields to multi-year highs, and weighing on equities. Foreign investors pulled over $22 billion from Indian markets, while Brent surged more than 50% since the conflict began. -Choice Broking

News Update China will buy 200 Boeing aircraft and seek an extension of last year’s Kuala Lumpur trade deal. Both sides agreed on tariff cuts worth over $30 billion and U.S. supply guarantees for aircraft engine parts and components. -Choice Broking

News Update China will buy 200 Boeing aircraft and seek an extension of last year’s Kuala Lumpur trade deal. Both sides agreed on tariff cuts worth over $30 billion and U.S. supply guarantees for aircraft engine parts and components. -Choice Broking

Crude Oil Update Crude Oil prices rose as Trump renewed military threats against Iran, ongoing Strait of Hormuz disruptions tightened supply concerns, and uncertainty over NATO’s possible intervention and Iran’s nuclear negotiations continued supporting oil prices and inflation fears amid the prolonged Middle East conflict. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|22MAY26 CE 310.00 in Commodity @ 2.8 SL 1.6 TGT 5.20

China 1-y Loan Prime Rate Actual: 3.00% Expected: 3.00% Previous: 3.00% China 5-y Loan Prime Rate Actual: 3.50% Expected: 3.50% Previous: 3.50% Neutral for Base Metal -Choice Broking

Bullion Update Bullion prices stayed steady as escalating US-Iran tensions, Trump’s renewed strike threats, and continued Strait of Hormuz disruptions lifted oil prices, intensified inflation concerns, and strengthened expectations of higher interest rates amid ongoing uncertainty over Iran’s nuclear negotiations. -Choice Broking