Choice Commodity Research

Sumeet Bagadia’s Desk : Stopped Out @ 391.3...Buy in Commodity ALUMINIUM|30JUN26 @ 392.35 SL 391.4 TGT 394.25

Crude Oil Update Crude oil prices declined as hopes for a potential Iran agreement and a conditional Israel-Lebanon ceasefire improved sentiment. However, ongoing regional tensions and a sixth consecutive weekly drop in US crude inventories continued to provide underlying market support. -Choice Broking

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30JUN26 in Commodity @ 392.35 SL 391.4 TGT 394.25

Daily LME Stock Update London Metal Exchange inventories: copper down 2,575 t, aluminium down 250 t, zinc down 625 t, nickel unchanged, tin down 40 t, lead down 1,150 t. Impact: Positive for Base metal. -Choice Broking

Gold Update Global gold demand is expected to decline 2% in 2026 as weaker jewellery consumption and lower central bank purchases offset stronger investment demand. Physical investment is forecast to surge 15%, led by China, surpassing jewellery demand for the first time since 2013. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 266572...Buy in Commodity SILVERMIC|30JUN26 @ 268421 SL 266670 TGT 271923.00

Sumeet Bagadia’s Desk : Target Achieved @ 206.6...Sell in Commodity LEAD|30JUN26 @ 207.6 SL 208.1 TGT 206.60

Geopolitical Update Lebanon and Israel announced a ceasefire agreement following U.S.-mediated talks aimed at ending hostilities linked to the Iran conflict. The deal requires Hezbollah to halt all attacks and withdraw its operatives from the South Litani Sector. -Choice Broking

Aluminium Update Oklahoma’s attorney general has sued to stop a proposed aluminum smelter project by Emirates Global Aluminum and Century Aluminum, citing concerns over UAE involvement and potential environmental impacts on the state’s cattle industry. Impact: Positive for Aluminium. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|23JUN26 PE 305.00 in Commodity @ 12.6 SL 11.6 TGT 14.60

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOIL|18JUN26

Sumeet Bagadia’s Desk : Book Part Profit @ 9155...Buy in Commodity CRUDEOIL|18JUN26 @ 9135 SL 9108 TGT 9189.00

Gold Update Russia said its mined gold production could reach 500 tonnes this year, potentially making it the world's largest producer. The claim comes as scrutiny grows over Russia’s finances, with reports suggesting the central bank sold 28 tonnes of gold reserves to help fund war-related budget deficits. Impact: Positive for gold. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOIL|18JUN26 in Commodity @ 9135 SL 9108 TGT 9189.00

Natural gas Update LNG prices could rise sharply if supply disruptions linked to the Iran conflict coincide with strong Asian summer demand and Europe’s storage refill needs warned that disruptions affecting the Strait of Hormuz and LNG facilities could constrain global supply growth through 2030, Uniper's chief executive for the Middle East said. -Choice Broking

Breaking news Canada's decision to extend steel tariff-rate quotas and tariff relief on certain U.S. steel and aluminum imports for another year. Impact: Positive for Aluminium. --Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in COPPER|30JUN26

Sumeet Bagadia’s Desk : Book Part Profit @ 1369.95...Buy in Commodity COPPER|30JUN26 @ 1368.55 SL 1366.6 TGT 1372.45

Sumeet Bagadia’s Desk:Buy COPPER|30JUN26 in Commodity @ 1368.55 SL 1366.6 TGT 1372.45

Rupee Update The Indian rupee weakened to around 95.7 per dollar as foreign fund outflows nearly $600 million and weak Asian markets hurt sentiment. Rising US-Iran tensions added pressure, while expectations of stable RBI rates and potential tax reforms offered limited support. -Choice Broking