Choice Commodity Research

Sumeet Bagadia’s Desk : Stopped Out @ 317.8...Sell in Commodity ZINC|31MAR26 @ 316.8 SL 317.8 TGT 314.80

Sumeet Bagadia’s Desk:Buy GOLDM|26MAR26 PE 155000.00 in Commodity @ 2371 SL 2010 TGT 3093.00

USDINR Surged by +0.33paisa Rupee hits record low at Rs 93.03

Sumeet Bagadia’s Desk:Sell ZINC|31MAR26 in Commodity @ 316.8 SL 317.8 TGT 314.80

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 CE 280.00 in Commodity @ 9 SL 7 TGT 13.00

UN Maritime Body Calls Emergency Talks on Gulf Shipping Risks -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 5.95...Buy in Commodity NATURALGAS|24MAR26 PE 265.00 @ 5.65 SL 4.25 TGT 8.45

Iran - Israel Conflict Updates Iran's Foreign Minister Abbas Araghchi announced that Tehran is contemplating new management arrangements for the Strait of Hormuz after the ongoing conflict, emphasizing that Iran will not permit adversaries unrestricted access to the strait. He suggested that a new protocol for ship transit should be established post-war. -Choice Broking

Sumeet Bagadia’s Desk:Sell ELECDMBL|30MAR26 in Commodity @ 4394 SL 4515 TGT 4152.00

Zinc Update Zinc prices fell due to rising inventories at the SFE and LME warehouses, alongside a strong US dollar. SHFE stocks jumped 9.2% in one week and LME inventories rose after 21,000 tonnes reached Singapore, highest since July. Additionally, Boliden's Tara mine in Ireland reopened after a 2023 closure, and Ivanhoe Mines' Kipushi project in the DRC is increasing production. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 336.8...Sell in Commodity ALUMINIUM|31MAR26 @ 343.1 SL 352.1 TGT 325.1

Sumeet Bagadia’s Desk : Stopped Out @ 8670...Sell in Commodity CRUDEOILM|19MAR26 @ 8557 SL 8667 TGT 8337

Sumeet Bagadia’s Desk:Sell CRUDEOILM|19MAR26 in Commodity @ 8557 SL 8667 TGT 8337

Crude Oil Update Crude oil prices slipped as the flow of news from the war with Iran slowed down after Trump signaled a possible pullback from Iran operations, though not immediate. Iraq agreed with Kurdistan to resume exports via Turkey to Ceyhan port, avoiding the Strait of Hormuz, will only partially relieve supply concerns. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 PE 265.00 in Commodity @ 5.65 SL 4.25 TGT 8.45

Aluminium Update Aluminium prices eased as Emirates Global Aluminium rerouted via port of Sohar amid Strait of Hormuz disruptions. Additionally, LME stocks fell to 445,300 tonnes, while SHFE rose 5.6% to 416,425 tonnes, indicating stable supply conditions while global output increased to 6.317 million tonnes. -Choice Broking

Copper Update Copper prices fell as LME inventories surged to a six-year high, jumped to 330,375 tonnes, highest since 2019, with stockpiles up by 19,000 tonnes, reflecting weak physical demand, softer Chinese buying, and renewed urgency to ship before US tariffs. -Choice Broking