Movement in international benchmark prices was mixed over the past month, with NY futures and the A Index increasing, South Asian prices flat to lower, and Chinese prices stable. Indian spot prices (Shankar-6 quality) were flat to higher, holding to levels near Rs 40,000/candy (356 kg) throughout most of February and rose to Rs 41,000/candy in early March.
Prices for the May NY futures contract have trended higher since late February. In the first full week of March, there was a surge that br