Outlook for New Orders at 3-Month High; Steel Prices Tipped to Rise

Three of the Five Cities Report Slight Default Rate Increases in June 2016

Advance Estimates Suggest a 2H June Cane Crush of 47.07 Million MT in Brazil's Center-South;

- Q2 dividend net increases rise to $7.3 billion

Apparent* Demand from January-May Slipped 0.8% from a Year Ago

Up 300,000 Barrels per Day from May; Venezuelan Output Sinks to 13-Year Lows