Choice Commodity Research

Aluminium Update The World Bureau of Metal Statistics reported global primary production at 6.0924 million tons in June, against consumption of 6.0602 million tons — leaving a surplus of 32,200 tons, according to the latest WBMS data release. Impact: Negative for Aluminium. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|23SEP26 CE 280.00 in Commodity @ 11.05 SL 8.50 TGT 16.15

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17SEP26 CE 7800.00 in Commodity @ 306.00 SL 276.00 TGT 366.00

Zinc Update MCX Zinc prices trading at all time high while LME zinc also hit a 4-year high of $3,858/ton, with tightening spreads signaling squeeze risk from low inventory. China is now exporting metal to LME warehouses. Global surplus hit 145,000 tons (Jan-May) as output outpaced demand, yet LME stocks stay low despite record-low treatment charges. -Choice Broking

Calendar Spread - RAINMUMBAI,Target - -82.00| Stop Loss - -342.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Calendar Spread - RAINMUMBAI,Target - -82.00| Stop Loss - -342.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Sumeet Bagadia’s Desk : Book Part Profit @ 4946.00...Buy in Commodity ELECDMBL|28AUG26 @ 4918.00 SL 4879.00 TGT 4996.00

Dollar Update The dollar remained rangebound against major peers as Middle East de-escalation supported risk sentiment and pressured oil prices. Investors awaited US July PCE inflation data and other major economic reports ahead of the Jackson Hole symposium. -Choice Broking

Copper Update Copper futures climbed as supply risks persisted, with shipments diverted toward the US amid elevated premiums and tariff expectations. LME inventories have nearly halved since mid-May, while Kamoa-Kakula flooding threatens output and Chinese smelters face tighter feedstock availability. -Choice Broking

Global Market Heatmap Global markets showed a mixed trend, with US equities slightly lower, while Japan’s Nikkei gained. In Energy, Crude oil declined over 2.5%, while natural gas rose 1.42%. In metals, gold, silver, platinum and palladium advanced, with silver gaining 1.12%. The US dollar remained largely stable, while the VIX stayed near 17.20, indicating moderate market volatility.

Sumeet Bagadia’s Desk : Stopped Out @ 344.00...Sell in Commodity ALUMINIUM|30SEP26 @ 343.45 SL 344.00 TGT 342.35

US CB Consumer Confidence Actual : 89.4 Forecast : 90.3 Prev.: 90.8 Impact: Positive for Bullion US New Home Sales Actual : 607K Forecast: 620K Prev.: 628K Impact : Positive for Bullion US Richmond Manufacturing Index Actual : 4 Forecast : 6 Prev.: 5 Impact : Negative for Base metals

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30SEP26 in Commodity @ 343.45 SL 344.00 TGT 342.35

Sumeet Bagadia’s Desk : Stopped Out @ 407.00...Sell in Commodity ZINC|30SEP26 @ 406.10 SL 407.00 TGT 404.30

Sumeet Bagadia’s Desk:Sell ZINC|30SEP26 in Commodity @ 406.10 SL 407.00 TGT 404.30

Sumeet Bagadia’s Desk : Stopped Out @ 250573.00...Buy in Commodity SILVERMIC|30NOV26 @ 251796.00 SL 250600.00 TGT 254188.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOIL|17SEP26 PE 7800.00

US ADP Weekly Employment Change Actual : 11.8K Prev.: 9.5K Impact : Negative for Bullion