Choice Commodity Research

Natural Gas Update Russian Deputy Prime Minister NOVAK said Russia is considering imposing restrictions on liquefied petroleum gas (LPG) exports. Positive for Natural Gas. -Choice Broking

Zinc Update Zinc prices fell on higher expected Chinese mine output in October as safety-disrupted operations resumed. While rising Chinese exports eased LME market tightness, backwardation indicates near-term supply remains tight, with Nyrstar's Budel smelter review posing further production risks. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 318.10...Buy in Commodity ALUMINIUM|30OCT26 @ 319.05 SL 318.10 TGT 320.95

Daily LME Stock Update London Metal Exchange inventories: lead down 275 tonnes, aluminium down 250 tonnes, tin down 10 tonnes, zinc up 6,925 tonnes, copper down 1,400 tonnes, nickel down 588 tonnes. Positive for Copper & Zinc. -Choice Broking

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30OCT26 in Commodity @ 319.05 SL 318.10 TGT 320.95

Natural Gas Update Natural gas prices rose ahead of the EIA storage report, which is expected to show a narrowing surplus. Production drops from hurricane shut-ins and pipeline disruptions supported prices, though gains were capped by mild weather forecasts and reduced LNG feedgas demand. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 145900.00...Sell in Commodity GOLDM|05NOV26 @ 145923.00 SL 146200.00 TGT 145369.00

Sumeet Bagadia’s Desk : Stopped Out @ 309.50...Buy in Commodity NATURALGAS|27OCT26 @ 311.60 SL 309.50 TGT 315.80

Sumeet Bagadia’s Desk:Sell GOLDM|05NOV26 in Commodity @ 145923.00 SL 146200.00 TGT 145369.00

Crude Oil Update IMF official: pre-war inventories, alternative supply routes and demand adjustments can help mitigate an oil production shock, but the available buffer is limited. Positive for Crude Oil. -Choice Broking

*Rupee Update* The Indian rupee reached a four-week high of around 94.9 per dollar. Reduced US Fed rate hike expectations, falling Treasury yields, and aggressive RBI interventions—including rate hikes and increased dollar sales boosted the currency. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 10.40...Buy in Commodity COPPER|23OCT26 PE 1390.00 @ 12.56 SL 10.40 TGT 16.88

Sumeet Bagadia’s Desk:Buy NATURALGAS|27OCT26 in Commodity @ 311.60 SL 309.50 TGT 315.80

Sumeet Bagadia’s Desk : Target Achieved @ 412.70...Sell in Commodity ZINC|30OCT26 @ 414.40 SL 415.20 TGT 412.80

Sumeet Bagadia’s Desk:Buy COPPER|23OCT26 PE 1390.00 in Commodity @ 12.56 SL 10.40 TGT 16.88

Sumeet Bagadia’s Desk : Book Part Profit @ 413.75...Sell in Commodity ZINC|30OCT26 @ 414.40 SL 415.20 TGT 412.80

Sumeet Bagadia’s Desk:Sell ZINC|30OCT26 in Commodity @ 414.40 SL 415.20 TGT 412.80

Dollar Update The US dollar index dropped to around 102 from 18-month highs as investors assessed Fed policy following hotter-than-expected September inflation data. Despite inflation warnings, markets price a 73% chance rates remain unchanged this month, with Chair Kevin Warsh's upcoming comments in focus. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 213001.00...Sell in Commodity SILVERMIC|30NOV26 @ 210850.00 SL 213001.00 TGT 206548.00