Choice Commodity Research

Sumeet Bagadia’s Desk : Book Part Profit @ 2830.5...Buy in Commodity GOLDM|29MAY26 PE 153000.00 @ 2720 SL 2590 TGT 2980.00

Gold Update Gold investment demand stayed strong as global ETFs saw 45 tonnes of inflows in April, rebounding from March outflows. Global Holdings rose to 4,137 tonnes, near record highs, led by China inflows and geopolitical concerns support gold prices. -Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|26MAY26

Copper Update China’s refined copper imports are expected to rise in Q2 amid strong demand and smelter maintenance reducing output. SHFE stocks fell to a January low, while April imports jumped 9% to a seven-month high. Impact: Positive for Copper. -Choice Broking

Sumeet Bagadia’s Desk:Buy GOLDM|29MAY26 PE 153000.00 in Commodity @ 2720 SL 2590 TGT 2980.00

Sumeet Bagadia’s Desk : Book Part Profit @ 281.7...Buy in Commodity NATURALGAS|26MAY26 @ 280.5 SL 278.9 TGT 283.70

Sumeet Bagadia’s Desk : Book Part Profit @ 282.3...Buy in Commodity CRUDEOIL|14MAY26 CE 9500.00 @ 261 SL 235 TGT 313.00

Crude Oil Update The Indian central government has lowered the charges for domestic production of crude oil, with immediate effect. With the latest revision, the royalty on onshore crude oil stands reduced to 10% from 16.66%, and on offshore crude to 8% from 9.09%, While in case of natural gas, the royalty stands revised to 8% from 10%. Impact: It will be positive for Indian oil companies -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOIL|14MAY26 CE 9500.00 in Commodity @ 261 SL 235 TGT 313.00

Aluminium Update LME data showed Russian aluminum share in warehouses fell from 92% to 72% in April, while Chinese copper stock share also declined from 56% to 51%. Impact: Positive for Aluminium. -Choice Broking

Dollar Index Update The Dollar Index held steady as stalled Middle East peace talks lifted oil and inflation concerns. Weak ceasefire progress and Trump’s comments, along with upcoming US inflation data, reinforced expectations of steady Fed rates, while focus shifts to Trump’s China visit and Treasury Secretary Bessent’s meetings in Asia. -Choice Broking

Dollar Index Update The Dollar Index held steady as stalled Middle East peace talks lifted oil and inflation concerns. Weak ceasefire progress and Trump’s comments, along with upcoming US inflation data, reinforced expectations of steady Fed rates, while focus shifts to Trump’s China visit and Treasury Secretary Bessent’s meetings in Asia. -Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in COPPER|29MAY26

Copper Update Copper futures rose on supply concerns and strong demand outlook. US-Iran conflict disrupted sulphur exports, tightening supply. Chile shortages and refinery cuts added pressure, while booming data center construction and strong China PMI supported prices. -Choice Broking

Crude Oil Update Crude Oil prices rose as fragile US-Iran ceasefire talks raised supply concerns, amid disputes over demands and Hormuz Strait tensions. OPEC output hit multi-decade lows, while UAE strikes and export risks further tightened market outlook despite the US plans SPR crude release to stabilize markets. -Choice Broking

Sumeet Bagadia’s Desk:Buy ALUMINIUM|29MAY26 in Commodity @ 377 SL 371 TGT 384

Natural Gas Update Natural gas futures rose as lower US production and Freeport LNG’s resumed operations supported prices, while steady LNG exports and gradually increasing cooling demand further strengthened market sentiment despite seasonal maintenance at some export terminals. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 1385.6...Buy in Commodity COPPER|29MAY26 @ 1383.7 SL 1381.5 TGT 1388.10