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Price of 3938849286 Grams Palm-oil

3938849286 Grams of Palm-oil is equal to
= $5948311.15
3938849286 grams of palm-oil = $5948311.1503374
39388492860 grams of palm-oil = $59483111.503374
393884928600 grams of palm-oil = $594831115.03374
3938849286000 grams of palm-oil = $5948311150.3374
More Price Conversion:
985 grams of palm-oil
308000 grams of palm-oil
5876624577 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.