Indian NR Prices at an All-Time High as Production, Consumption Moderate

Highlights
• April 2025-February 2026 production up 3.6% year on year at 859,000 tons
• April 2025 to February 2026 consumption levels up by 2% to 1,314,000 tons
• RSS-4 prices hit record levels of INR 251/kg (US$2.63/kg) on May 4, 2026

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