Choice Commodity Research

Daily LME Stock Update London Metal Exchange (LME) stocks: copper rose 4,925 tonnes; zinc rose 1,450 tonnes; lead fell 1,500 tonnes; nickel rose 210 tonnes; tin rose 100 tonnes; aluminium unchanged. Negative for Copper & Zinc. -Choice Broking

Global Update The US House of Representatives voted to advance a bill that would authorise President Donald Trump to impose 100% tariffs on India and other countries for buying oil and gas from Russia and extend existing sanctions on Iran. -Choice Broking

Copper Update DRC Ministry of Mines said copper exports rose 4.5% YoY to a record 1.72 million tonnes in 1H2026. Under an export "diversification offensive", the DRC's copper sales to the United States and Europe doubled versus 2025 levels. Positive for copper. -Choice Broking

Gold Update Gold prices rebounded as oil prices and bond yields eased ahead of the Fed decision. Markets expect a 25-bps hike, while focus remains on future rate signals and other central-bank decisions. -Choice Broking

*Sumeet Bagadia's Desk: Commodity Momentum:* *Sell GUARSEED10 - Oct @ 6676, Sell up to 6705, for the Target 6026, with Sl @ 7001*

Natural Gas Update According to Equinor, European Union natural gas storage is expected to reach approximately 75% capacity by November. -Choice Broking

Copper Update Copper prices stabilized ahead of Wednesday's Fed decision, weighed down by rising LME warehouse stocks and a shift into contango signaling ample supply. -Choice Broking

Crude Oil Update Crude Oil prices fell after US crude inventories unexpectedly surged 7.14 million barrels, despite Middle East supply disruptions. However, Saudi Arabia’s Yanbu loadings remained suspended, while Libya halted some operations amid protests, though output stayed near 1.4 million bpd could support prices. -Choice Broking

*Sumeet Bagadia's Desk: Exit in CRUDEOIL Put ratio spread*

Silver resumed gapped up by +3000 pts, Gold up by +0.56%, Copper - Zinc up by +0.36%

Call Ratio Spread - CRUDEOIL,Max Profit - 3400.00| Max Loss - 1000.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Call Ratio Spread - CRUDEOIL,Max Profit - 3400.00| Max Loss - 1000.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Global Market Heatmap Global markets were largely mixed, with US indices edging higher while the Nikkei declined. In Energy, Crude oil remained under pressure, with WTI down 1.01% and Brent down 0.64%, while Natural Gas gained 0.41%. In precious metals, Gold rose 0.51% to $4,354 and Silver gained 1.72% to $64.96, supported by safe-haven demand. Platinum and Palladium also advanced. Among base metals, Copper was marginally higher, while Aluminium declined 0.38%. The Dollar Index edged up to 99.39, while Treasury yields moved higher across maturities.

Sumeet Bagadia’s Desk : Target Achieved @ 7790.00...Buy in Commodity ELECDMBL|29SEP26 @ 7682.00 SL 7629.00 TGT 7788.00

Sumeet Bagadia’s Desk : Book Part Profit @ 7724.00...Buy in Commodity ELECDMBL|29SEP26 @ 7682.00 SL 7629.00 TGT 7788.00

Sumeet Bagadia’s Desk:Buy ELECDMBL|29SEP26 in Commodity @ 7682.00 SL 7629.00 TGT 7788.00

Sumeet Bagadia’s Desk : Stopped Out @ 11.30...Buy in Commodity COPPER|23SEP26 PE 1350.00 @ 13.06 SL 11.30 TGT 16.58