Choice Commodity Research

Zinc Update Zinc prices fell amid expected supply additions from mine restarts and projects, while disruptions and tighter supply supported prices. Weak Chinese data signaled slowing demand, and Middle East risks weighed on prices. -Choice Broking

Copper Update Copper futures fell as escalating Middle East tensions and energy-driven inflation raised expectations of tighter policy, while weak Chinese data signaled slowing demand and persistent economic weakness weighed on global growth. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|26MAY26 in Commodity @ 291.9 SL 290 TGT 295.70

Silver Update India has immediately restricted silver imports in most forms via government order to reduce shipments and ease rupee pressure, tightening domestic supply, lifting local premiums, while potentially weighing on global prices due Lower demand ​from India. Impact: Positive for silver. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 273500...Buy in Commodity SILVERMIC|30JUN26 @ 276300 SL 273500 TGT 281900.00

Crude Oil Update Crude Oil prices rose amid escalating US-Iran tensions, UAE nuclear facility attack, and fears of worsening global energy supply disruptions. Further sentiments also remain supported after President Trump stated Tehran has limited time for an agreement, and lack of progress from Trump-Xi negotiations. -Choice Broking

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 276300 SL 273500 TGT 281900.00

Natural Gas Update Natural gas prices rose amid Strait of Hormuz tensions, stalled US-Iran talks, UAE nuclear facility attack, disrupted LNG supplies, and growing concerns over Europe’s winter energy storage needs. -Choice Broking

Rupee Update The Indian rupee stayed near record lows around 96.1 per dollar amid rising US yields, higher crude oil prices, geopolitical tensions, weak market sentiment, and slowing domestic economic conditions. -Choice Broking

China New Home Prices m/m Actual: -0.19% Previous: -0.21% China Fixed Asset Investment ytd/y Actual: -1.6% Expected: 1.7% Previous: 1.7% China Industrial Production y/y Actual: 4.1% Expected: 6.0% Previous: 5.7% China Retail Sales y/y Actual: 0.2% Expected: 2.0% Previous: 1.7% China Unemployment Rate Actual: 5.2% Expected: 5.3% Previous: 5.4% Negative for Base metal

MCX CRUDEOIL prices open +2.7% up @10366

Global Commodity Market Heatmap Global markets traded mostly negative, with major indices like DJIA, S&P 500, Nasdaq, Nikkei 225, DAX, and Euro Stoxx closing lower, reflecting weak investor sentiment. Volatility rose as VIX gained around 2.6%. In commodities, crude oil remained strong with WTI above $103 and Brent near $111 amid supply concerns. Natural gas and gasoline also gained. Precious metals were weak as gold, silver, platinum, and copper declined, while palladium also slipped. Among soft commodities, cocoa, coffee, orange juice, and sugar saw heavy selling pressure, whereas cotton and lumber edged higher. Grains remained firm with gains in soybeans, corn, wheat, and oats. Bond prices weakened slightly across US Treasury yields, while the US Dollar Index stayed firm near 99. Bitcoin dropped sharply over 3%, trading around 76,825.

Sumeet Bagadia’s Desk : Exit @ 274600...Buy in Commodity SILVERMIC|30JUN26 @ 273844 SL 271490 TGT 278552.00

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 273844 SL 271490 TGT 278552.00

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

Sumeet Bagadia’s Desk : Exit @ 201.85...Sell in Commodity LEAD|29MAY26 @ 201.9 SL 202.7 TGT 200.30

Sumeet Bagadia’s Desk : Exit @ 377.9...Sell in Commodity ALUMINIUM|29MAY26 @ 378.2 SL 379 TGT 376.60