date:Jul 22, 2015
t-long position of 2,764 futures and options in sugar, government data showed on July 17. That was only the second bullish bet since August.
In the week ended March 24, net shorts were a record 116,984 contracts.
As the market came off during last week and is coming off today, speculators are reopening short positions, Bruno Zaneti, a risk management consultant at FCStone do Brasil in Campinas, said in a telephone interview.