To be honest I do not care much about nutrients. I can´t detect nitrate, I have nutrients in particulate and organic forms, that´s sufficient to me. As long as the corals grow well everythinge is fine. I have not much fish, just a few for nutrients, which I feed well. I do trials with filter feeders which I have to feed also. It are the experimental setups of my employer where I test our products and methods. I am employee of Tropic Marin (actually Dr. Biener GmbH, Tropic Marin is a brand).
I think this kind of system reacts to sudden nutrient imputs similar as a nitrificating filter. With this kind of pellet filtration biomass acts as a buffer for nutrients. If there are more nutrients the degradation of pellets is faster and the input of organic material is higher. With more nutrients also corals grow faster and remove the nutrients. In medium and long term also more sponges and tubeworms grow which also bind nutrients.