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Price of 3987048749 Milligrams Palm-oil

3987048749 Milligrams of Palm-oil is equal to
= $6021.05
3987048749 milligrams of palm-oil = $6021.0456553511
39870487490 milligrams of palm-oil = $60210.456553511
398704874900 milligrams of palm-oil = $602104.56553511
3987048749000 milligrams of palm-oil = $6021045.6553511
More Price Conversion:
54 milligrams of palm-oil
69000 milligrams of palm-oil
1200835951 milligrams 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.