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Price of 5145725238 Tons Palm-oil

5145725238 Tons of Palm-oil is equal to
= $7049643576060
5145725238 tons of palm-oil = $7049643576060
51457252380 tons of palm-oil = $70496435760600
514572523800 tons of palm-oil = $7.04964357606E+14
5145725238000 tons of palm-oil = $7.04964357606E+15
More Price Conversion:
320 tons of palm-oil
187000 tons of palm-oil
7137371026 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.