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Potassium chloride prices were assessed as moving sideways, with the 5-day and 10-day average deviations unchanged and the 20-day measure improving slightly. Chinese port inventories reached about 4.579 million tonnes at the end of October, up 509,000 tonnes month on month and 2.54 million tonnes year on year, a record high.
Record-high inventories indicate ample near-term supply and may cap potash prices, although prices were described as already near the low end of their ranges.
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.