
Imported potassium chloride benchmark prices in China held flat at 3,166.67 yuan/ton on November 1, slightly below the late-October level, and remain in a historically low range. Port inventories are at historic highs, and downstream compound fertilizer plants are running at low utilization with buyers purchasing only for immediate needs.
High port stocks and weak compound fertilizer demand cap any rebound in potash prices, so the market is likely to stay weak and range-bound in the short term.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.