Both countries are offering at nega

Both countries are offering at negative differentials at this time. The Indian monsoon is improving and improving production prospects for Sugar, but lighter rains are expected his week. Overall rain totals remain behind average. The typhoon that moved into China and Vietnam could have damaged Sugar. The market is showing weaker demand as the London White Sugar market remains the weaker market.

Overnight News: Brazil could see dry conditions and above normal temperatures.

Chart Trends: Trends in New York are mixed. Support is at 1690, 1675, and 1660 October, and resistance is at 1730, 17740, and 1750 October. Trends in London are down with objectives of 442.00, 439.00, and 429.00 October. Support is at 446.00, 440.00, and 435.00 October, and resistance is at 450.00, 454.00, and 459.00 October.

Disaggregated Commitments of Traders- Options and Futures Combined Positions as of July 22, 2014