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Price of 4294589344 Milligrams Palm-oil

4294589344 Milligrams of Palm-oil is equal to
= $6485.48
4294589344 milligrams of palm-oil = $6485.4783924309
42945893440 milligrams of palm-oil = $64854.783924309
429458934400 milligrams of palm-oil = $648547.83924309
4294589344000 milligrams of palm-oil = $6485478.3924309
More Price Conversion:
961 milligrams of palm-oil
494000 milligrams of palm-oil
8914655214 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.