Choice Commodity Research

Sumeet Bagadia’s Desk:Sell SILVERMIC|30JUN26 in Commodity @ 276770 SL 280010 TGT 270290.00

Aluminium Update China’s aluminium production rose 3.5% year-on-year to 15.33 million metric tons during January–April, while April output increased 3.1% annually to 3.87 million metric tons, according to official statistics bureau data. Impact: Negative for aluminium. -Choice Broking

Industrial Metal Update China produced 64.94 million kilowatts of solar cells (photovoltaic cells) in April, down 25.6% year on year, according to the National Bureau of Statistics. For January–April, output totaled 241.5 million kilowatts, a decrease of 15.3% from the same period last year. Impact: Positive for Industrial Metal. -Choice Broking

Natural gas Update Europe’s LNG imports are set for a second monthly decline as the Iran war disrupts shipments and tighter global supplies increase Asian competition, while colder weather and stronger power demand could lift European gas consumption this month. Impact: Positive for Natural gas. -Choice Broking

Aluminium Update China’s aluminum output is near capacity as smelters boost production to capture strong margins amid global shortages, but weak demand and rising inventories are raising oversupply concerns despite efforts to exceed capacity limits. Impact: Slightly Negative for Aluminium. -Choice Broking

Copper Update China’s major copper smelters met officials in Beijing ahead of July 2026 negotiations with miners on processing fees, amid record-low charges, overcapacity concerns, rising output, and government efforts to coordinate production and capacity management. Impact: Slightly negative for copper. -Choice Broking

Geopolitical Update China has agreed to address US concerns over rare earth and critical mineral shortages caused by export restrictions, according to a White House factsheet following the May 14–15 Beijing summit between President Donald Trump and Xi Jinping. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 277859...Sell in Commodity SILVERMIC|30JUN26 @ 278100 SL 280500 TGT 273300.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOIL|16JUN26 CE 10000.00

Sumeet Bagadia’s Desk : Book Part Profit @ 824.9...Buy in Commodity CRUDEOIL|16JUN26 CE 10000.00 @ 801 SL 775 TGT 853.00

Sumeet Bagadia’s Desk:Buy CRUDEOIL|16JUN26 CE 10000.00 in Commodity @ 801 SL 775 TGT 853.00

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

Sumeet Bagadia’s Desk : Stopped Out @ 364.7...Sell in Commodity ZINC|29MAY26 @ 363.7 SL 364.7 TGT 361.70

Sumeet Bagadia’s Desk:Sell ZINC|29MAY26 in Commodity @ 363.7 SL 364.7 TGT 361.70

Sumeet Bagadia’s Desk : Book Part Profit @ 379.85...Sell in Commodity ALUMINIUM|29MAY26 @ 380.55 SL 381.5 TGT 378.65

Crude Oil Update Crude oil prices fell after President Donald Trump paused planned action against Iran for negotiations, while extended Russian oil sanctions waivers and a sharp U.S. strategic reserve drawdown also influenced market sentiment. -Choice Broking

Copper Update Copper futures prices slightly declined as Middle East tensions, high oil prices, inflation concerns, and weak Chinese economic data increased fears over slower global growth and weaker industrial metals demand amid rising expectations of further interest rate hikes. -Choice Broking

Bulliion Update Bullion prices remain steady supported by hopes of renewed US-Iran negotiations after President Donald Trump paused planned military action, while investors awaited FOMC minutes and US PMI data for clearer signals on inflation, interest rates, and economic conditions. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 1342...Sell in Commodity COPPER|29MAY26 @ 1342.7 SL 1344.6 TGT 1338.90

Sumeet Bagadia’s Desk:Sell SILVERMIC|30JUN26 in Commodity @ 278100 SL 280500 TGT 273300.00