News

Odaily Seer channel monitoring shows that in the Polymarket prediction event “NCAA Finals Connecticut vs Michigan,” an account with nearly $5 million in losses (address: 0x492442eab586f242b53bda933fd5de859c8a3782) purchased $400,000 on Connecticut -6.5 to beat Michigan, with an average opening price of 49¢. NCAA “March Madness” refers to the National Championship of the NCAA Division I Men's Basketball Tournament. The event usually starts every March, adopts a single-elimination format, features an intensive schedule, and intense competition, thus earning the name “March Madness.” Odaily Seer channel continues to monitor prediction markets to see changes before pricing occurs.

BlockBeats news, on April 7, in the early morning local time, Iranian sources quoted unnamed sources saying that an explosion occurred in the Jubail Industrial City in the northeastern region of Saudi Arabia, which involved U.S. capital and was caused by a large-scale attack. Reports indicate that Jubail Industrial City is one of the world’s most important petrochemical production bases, with an annual output of around 60 million tons of petrochemical products, accounting for 6% to 8% of global production. The area hosts many major petrochemical enterprises and projects. Among them, Saudi Basic Industries Corporation is one of the main investors in the industrial city. In addition, the Sadara project with participation from Dow Chemical Company of the United States, and a project jointly invested by Saudi Aramco and TotalEnergies of France, are also located in the industrial city. (CCTV)

Malaysian palm oil futures fell due to profit-taking, while Thailand suddenly imposed export restrictions on palm oil. March saw Malaysian palm oil inventories potentially record their largest decline in three years. What is the outlook for the palm oil market?