American Dollar to Canadian Dollar = 0.760922; American Dollar to Chinese Yuan = 0.151306; American Dollar to Euro = 1.181416; American Dollar to Japanese Yen = 0.009535; American Dollar to Mexican Peso = 0.048740.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures dropped 1.1 percent in New York after a third weekly loss. Russia, which along with Saudi Arabia is trying to garner support for lifting output limits, was said to have boosted production earlier this month to above the level envisioned by OPEC. Meanwhile, the number of rigs drilling for crude in the U.S. inched higher, signaling output may extend a record. Saudi Arabia and Russia, among the countries with spare capacity to raise production, signaled last month they may restore output even though they hadn’t yet consulted most other producers. Oil prices have fallen more than 7 percent since the two nations made their proposal public. Click Read More below for additional information.
Due to a massive shortage in silicones and silicone-based materials from manufacturers, Sun Chemical will increase prices by 35 percent on its entire silicone-based product line in North America, effective January 15, 2018.
“Because of the silicone shortage we’re seeing in the industry, our suppliers have passed on price increases beyond anything we have seen in recent years,” said Dennis Sweet, Vice President-Commercial, Rycoline and Distributors, North American Inks, Sun Chemical. “While Sun Chemical has utilized all its resources to offset these shortages and increases, it has now become necessary to pass some of these increases on.”