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Price of 1642260368 Grams Palm-oil

1642260368 Grams of Palm-oil is equal to
= $2480083.64
1642260368 grams of palm-oil = $2480083.6359626
16422603680 grams of palm-oil = $24800836.359626
164226036800 grams of palm-oil = $248008363.59626
1642260368000 grams of palm-oil = $2480083635.9626
More Price Conversion:
571 grams of palm-oil
663000 grams of palm-oil
2903978933 grams of palm-oil

*please enter quantity number, select a unit and the type of commodity goods, then click getPrice button.

Precious Metals & Solid Commodity:
Oils & Fuel:
Agricultures & Livestocks:

*The average price as of Nov 2024.
Source: markets.businessinsider.com

Average Commodity Price

Use this tool to find the average price of commodities.

What is a commodity?

In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory.