The cash premium for Thai HiPol March-May 15 fell 10.52% day on day to 68 points Tuesday on the back of a seven-day rally in prompt month New York No. 11 futures. New York No. 11 front month futures settled at 15.13 cents/lb Monday after a seven-day rally, the highest in over five months. It was last higher May 25 at 15.66 cents/lb, S&P Global Platts data showed. However, NY No. 11 futures eased 3 points day on day Tuesday to 15.1 cents/lb. The March-May 15 cash premium was pressured lower by the strong March(H)-May(K) futures spread, which is in backwardation