Choice Commodity Research

Dollar Update The dollar fell to a 10-week low as weak US jobs, retail sales and inflation data reduced Fed tightening expectations. -Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOIL|17AUG26 CE 7800.00

Crude Oil Update Crude oil trading at $82 a barrel as Middle East tensions persisted. Fresh Israeli strikes, potential US sanctions on Iran and deadlocked ceasefire talks raised supply concerns, while continued Hormuz shipments limited further price gains. -Choice Broking

Daily LME Stock Update LME Inventory stock update: Nickel +30t, Copper +2,850t, while Lead -1,700t, Aluminium -1,375t and Zinc -1,175t. -Choice Broking

Sumeet Bagadia’s Desk : Book Full Profit @ 16.50...Buy in Commodity COPPER|24AUG26 PE 1390.00 @ 14.36 SL 12.90 TGT 17.28

Geopolitical Update Iran said US violations of the June 18 memorandum made the 60-day sanctions-relief and nuclear talks deadline “meaningless,” arguing the pact had no fixed timeframe and negotiations never began after Washington allegedly breached the agreement weeks later. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 350.65...Sell in Commodity ALUMINIUM|31AUG26 @ 350.75 SL 351.55 TGT 349.15

Sumeet Bagadia’s Desk : Stopped Out @ 154210.00...Sell in Commodity GOLDM|04SEP26 @ 153951.00 SL 154201.00 TGT 153451.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ZINCMINI|31AUG26

Sumeet Bagadia’s Desk : Book Part Profit @ 400.75...Sell in Commodity ZINCMINI|31AUG26 @ 401.90 SL 403.05 TGT 399.60

Sumeet Bagadia’s Desk:Sell GOLDM|04SEP26 in Commodity @ 153951.00 SL 154201.00 TGT 153451.00

Sumeet Bagadia’s Desk : Book Part Profit @ 15.84...Buy in Commodity COPPER|24AUG26 PE 1390.00 @ 14.36 SL 12.90 TGT 17.28

Sumeet Bagadia’s Desk : Book Part Profit @ 77.90...Sell in Commodity CRUDEOIL|17AUG26 CE 7800.00 @ 110.20 SL 150.20 TGT 0.10

Sumeet Bagadia’s Desk:Sell ZINCMINI|31AUG26 in Commodity @ 401.90 SL 403.05 TGT 399.60

China Fixed Asset Investment ytd/y Actual: -6.7% Expected: -6.2% Previous: -5.7% China Industrial Production y/y Actual: 4.5% Expected: 5.0% Previous: 5.3% China New Home Prices m/m Actual: -0.18% Previous: -0.15% China Retail Sales y/y Actual: 0.6% Expected: 1.5% Previous: 1.0% China Unemployment Rate Actual: 5.2% Expected: 5.1% Previous: 5.0% Negative for Basemetal

Sumeet Bagadia’s Desk:Sell ALUMINIUM|31AUG26 in Commodity @ 350.75 SL 351.55 TGT 349.15

Sumeet Bagadia’s Desk : Exit @ 239125.00...Buy in Commodity SILVERMIC|31AUG26 @ 238616.00 SL 236908.00 TGT 242032.00

Sumeet Bagadia’s Desk:Buy COPPER|24AUG26 PE 1390.00 in Commodity @ 14.36 SL 12.90 TGT 17.28

Copper Update Copper prices rose around 1.30% as global supply tightened. Lower Chinese smelter output, concentrate shortages, reduced recycled copper availability and expected Codelco production declines supported prices, while US tariff uncertainty diverted metal toward domestic warehouses. -Choice Broking

Sumeet Bagadia’s Desk:Sell CRUDEOIL|17AUG26 CE 7800.00 in Commodity @ 110.20 SL 150.20 TGT 0.10