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Price of 41232154 Tons Palm-oil

41232154 Tons of Palm-oil is equal to
= $56488050980
41232154 tons of palm-oil = $56488050980
412321540 tons of palm-oil = $564880509800
4123215400 tons of palm-oil = $5648805098000
41232154000 tons of palm-oil = $56488050980000
More Price Conversion:
391 tons of palm-oil
797000 tons of palm-oil
2931000574 tons 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 Feb 2025.
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.