Choice Commodity Research

Aluminium Update Global primary aluminium production rose to 6.373 million tonnes in July from 6.173 million tonnes in June. China’s output increased to 3.87 million tonnes, while other Asian production climbed to 411,000 tonnes. Impact: Negative for Aluminium. -Choice Broking

Sumeet Bagadia’s Desk:Buy ZINCMINI|31AUG26 in Commodity @ 401.60 SL 400.00 TGT 404.80

Sumeet Bagadia’s Desk:Buy GOLDM|28AUG26 CE 157000.00 in Commodity @ 2000.00 SL 1750.00 TGT 2500.00

Aluminium Update China’s alumina exports rose 32.99% YoY to 304,833 tonnes in July, with Russia accounting for 58.62% of shipments, while refined aluminium, scrap and ore imports also recorded notable trade flows. Impact: Positive for Aluminium. -Choice Broking

Daily LME Stock Update London Metal Exchange stocks: copper +3,950 tonnes, nickel +2,946 tonnes; zinc -650 tonnes, lead -1,475 tonnes, aluminium unchanged. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 2.80...Buy in Commodity NATURALGAS|24AUG26 CE 270.00 @ 3.80 SL 2.80 TGT 5.80

Sumeet Bagadia’s Desk : Stopped Out @ 2.39...Buy in Commodity COPPER|24AUG26 CE 1400.00 @ 3.43 SL 2.49 TGT 5.31

Sumeet Bagadia’s Desk : Exit @ 392.10...Buy in Commodity CRUDEOIL|17SEP26 CE 8200.00 @ 386.70 SL 366.70 TGT 426.70

Gold Update Chinese gold ETFs gained more than 6%, extending the strong rally in gold-related equities boosted investor sentiment. -Choice Broking

Option Strategy: Short Calls Condor | COPPER

Short Calls Condor - COPPER,Max Profit - 17300.00| Max Loss - 7700.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Short Calls Condor - COPPER,Max Profit - 17300.00| Max Loss - 7700.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Sumeet Bagadia’s Desk : Book Profit @ 4440.00...Buy in Commodity ELECDMBL|28AUG26 @ 4420.00 SL 4370.00 TGT 4520.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|24AUG26 CE 270.00 in Commodity @ 3.80 SL 2.80 TGT 5.80

News Update Market sources say the US plans to halve tariffs on Canadian steel and aluminum as part of a trade agreement. Impact: Mildly Bearish For aluminium. -Choice Broking

Crude Oil Update Trump said the US is building a record number of oil pipelines to reduce reliance on the Strait of Hormuz, as alternative supply routes expand and Washington seeks greater control, potentially reducing the waterway’s strategic importance. -Choice Broking

Bullion Update Bullion prices rose as expanded U.S. Treasury buybacks weakened the dollar and lowered yields. Concerns over record $40 trillion debt and inflation persisted, while Fed minutes showed several policymakers favored rate hikes, with markets pricing a 33% September hike probability. -Choice Broking

Sumeet Bagadia’s Desk:Buy COPPER|24AUG26 CE 1400.00 in Commodity @ 3.43 SL 2.49 TGT 5.31

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17SEP26 CE 8200.00 in Commodity @ 386.70 SL 366.70 TGT 426.70