Choice Commodity Research

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in SILVERMIC|30APR26

Base metal Update China’s new yuan loans fell to CNY 900 billion in February 2026, below the expected CNY 979 billion and last year’s CNY 1,009 billion, marking the eighth consecutive annual decline amid weak corporate loan demand and government capacity controls. Impact: Negative for base metal -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 324.45...Buy in Commodity ZINC|31MAR26 @ 324 SL 323.4 TGT 325.20

Sumeet Bagadia’s Desk:Buy ALUMINIUM|31MAR26 in Commodity @ 346.25 SL 345.65 TGT 347.45

Sumeet Bagadia's Desk: Book Part Profit in NATURALGAS strategy Approx. Profit of Rs. 1500 at cmp

Sumeet Bagadia’s Desk:Buy ZINC|31MAR26 in Commodity @ 324 SL 323.4 TGT 325.20

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOILM|19MAR26

Tariff Update China impose anti-dumping duties of up to 30.1% on imports of halogenated butyl rubber, (widely used in manufacturing tyre inner liners and other industrial rubber products) from Japan and Canada, effective March 14, following a probe into alleged dumping, according to the Ministry of Commerce of China. -Choice Broking

*Global Update:* China Commerce Ministry impose 30.1% tariff on imports from Japan and Canada, effective from March 14th, will be imposed for next 5 years.

Sumeet Bagadia’s Desk : Book Part Profit @ 9070...Buy in Commodity CRUDEOILM|19MAR26 @ 8854 SL 8626 TGT 9310.00

Sumeet Bagadia’s Desk : Book Part Profit @ 267606...Sell in Commodity SILVERMIC|30APR26 @ 270557 SL 274162 TGT 263347.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 CE 310.00 in Commodity @ 19.65 SL 17.6 TGT 23.75

Sumeet Bagadia’s Desk : Book Part Profit @ 1533.5...Buy in Commodity GOLDM|26MAR26 PE 155000.00 @ 1338.5 SL 1106 TGT 1803.50

Sumeet Bagadia’s Desk:Sell SILVERMIC|30APR26 in Commodity @ 270557 SL 274162 TGT 263347.00

Sumeet Bagadia’s Desk : Target Achieved @ 346.25...Sell in Commodity ALUMINIUM|31MAR26 @ 347.6 SL 348.25 TGT 346.30

Sumeet Bagadia’s Desk : Book Part Profit @ 346.5...Sell in Commodity ALUMINIUM|31MAR26 @ 347.6 SL 348.25 TGT 346.30

Aluminium Update Norsk Hydro said its Qatalum facility will halt the curtailment started last week and operate at about 60% capacity due to reduced natural gas supply. The plant, partly owned by Qatar Energy, has annual capacity of 648,000 tons. Impact: Positive for Aluminium. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOILM|19MAR26 in Commodity @ 8854 SL 8626 TGT 9310.00

Sumeet Bagadia’s Desk:Sell ALUMINIUM|31MAR26 in Commodity @ 347.6 SL 348.25 TGT 346.30

Crude Oil Update The U.S. has authorized countries to temporary purchases of sanctioned Russian oil already at sea to stabilize energy markets during the Iran conflict. Treasury Secretary Scott Bessent said the measure lasts until April 11, while the U.S. may escort ships through the Strait of Hormuz when safe passage is possible. Impact: Slightly Negative for crude oil. -Choice Broking